iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Oxbow Advisors LLC

Oxbow Advisors LLC trimmed its position in iShares Gold Trust (NYSEARCA:IAU) by 0.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 964,715 shares of the exchange traded fund’s stock after selling 4,794 shares during the period. iShares Gold Trust accounts for about 5.6% of Oxbow Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Oxbow Advisors LLC owned about 0.14% of iShares Gold Trust worth $47,763,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of IAU. Compass Financial Services Inc bought a new position in iShares Gold Trust in the fourth quarter worth about $27,000. Archer Investment Corp lifted its holdings in iShares Gold Trust by 813.8% in the third 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 last quarter. Financial Life Planners bought a new position in iShares Gold Trust in the fourth quarter worth about $33,000. Newbridge Financial Services Group Inc. bought a new position in iShares Gold Trust in the fourth quarter worth about $40,000. Finally, Valued Wealth Advisors LLC lifted its holdings in iShares Gold Trust by 65.7% in the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 333 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Trading Down 0.1 %

Shares of NYSEARCA IAU opened at $55.39 on Friday. iShares Gold Trust has a 12-month low of $38.21 and a 12-month high of $55.60. The stock has a 50 day simple moving average of $51.64 and a 200-day simple moving average of $50.06.

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.