Mutual Advisors LLC Has $1.70 Million Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Mutual Advisors LLC reduced its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 17.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 40,420 shares of the exchange traded fund’s stock after selling 8,840 shares during the quarter. Mutual Advisors LLC’s holdings in iShares Gold Trust were worth $1,698,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. ORG Partners LLC bought a new position in shares of iShares Gold Trust in the fourth quarter worth $28,000. Private Ocean LLC bought a new position in shares of iShares Gold Trust in the first quarter worth $29,000. Pingora Partners LLC bought a new position in shares of iShares Gold Trust in the fourth quarter worth $31,000. Signature Resources Capital Management LLC bought a new position in shares of iShares Gold Trust in the fourth quarter worth $32,000. Finally, YHB Investment Advisors Inc. bought a new position in shares of iShares Gold Trust in the first quarter worth $33,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $44.66 on Wednesday. iShares Gold Trust has a 52 week low of $34.35 and a 52 week high of $46.08. The stock’s fifty day moving average is $44.25 and its 200 day moving average is $41.75.

About iShares Gold Trust

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

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