iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd trimmed its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 26.8% in the fourth quarter, HoldingsChannel reports. The firm owned 484,522 shares of the exchange traded fund’s stock after selling 177,199 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in iShares Gold Trust were worth $23,989,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IAU. Archer Investment Corp lifted its stake in shares of iShares Gold Trust by 813.8% in the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 529 shares during the period. Financial Life Planners acquired a new position in iShares Gold Trust in the 4th quarter valued at approximately $33,000. Valued Wealth Advisors LLC increased its stake in iShares Gold Trust by 65.7% in the 4th quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 333 shares during the period. Independence Bank of Kentucky bought a new stake in iShares Gold Trust in the fourth quarter worth approximately $52,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in iShares Gold Trust by 127.0% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after acquiring an additional 635 shares in the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Down 0.2 %

NYSEARCA IAU opened at $53.89 on Friday. The company has a fifty day simple moving average of $50.63 and a 200 day simple moving average of $49.38. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $54.40.

iShares Gold Trust Company Profile

(Free Report)

iShares Gold Trust (the Trust) is to own gold transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist of gold held by the Trust’s custodian on behalf of the Trust.

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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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