CENTRAL TRUST Co Sells 33,536 Shares of iShares Gold Trust (NYSEARCA:IAU)

CENTRAL TRUST Co lessened its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 2.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,468,441 shares of the exchange traded fund’s stock after selling 33,536 shares during the quarter. iShares Gold Trust makes up about 1.7% of CENTRAL TRUST Co’s portfolio, making the stock its 13th largest position. CENTRAL TRUST Co’s holdings in iShares Gold Trust were worth $72,982,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Howard Financial Services LTD. increased its stake in shares of iShares Gold Trust by 2.9% during the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 220 shares during the last quarter. Financial Sense Advisors Inc. grew its holdings in iShares Gold Trust by 0.4% during the first quarter. Financial Sense Advisors Inc. now owns 65,609 shares of the exchange traded fund’s stock valued at $2,756,000 after purchasing an additional 230 shares during the period. Pettinga Financial Advisors LLC increased its position in iShares Gold Trust by 2.5% in the first quarter. Pettinga Financial Advisors LLC now owns 10,225 shares of the exchange traded fund’s stock worth $430,000 after buying an additional 245 shares during the last quarter. Avaii Wealth Management LLC raised its stake in shares of iShares Gold Trust by 1.7% in the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock valued at $736,000 after buying an additional 249 shares during the period. Finally, EP Wealth Advisors LLC lifted its position in shares of iShares Gold Trust by 1.4% during the 1st quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock valued at $783,000 after buying an additional 262 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 1.2 %

IAU stock opened at $51.29 on Thursday. The stock has a fifty day moving average of $48.90 and a 200-day moving average of $46.16. iShares Gold Trust has a fifty-two week low of $36.57 and a fifty-two week high of $51.92.

About iShares Gold Trust

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.