iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Zions Bancorporation N.A.

Zions Bancorporation N.A. trimmed its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 51.8% in the third quarter, HoldingsChannel reports. The firm owned 695 shares of the exchange traded fund’s stock after selling 747 shares during the period. Zions Bancorporation N.A.’s holdings in iShares Gold Trust were worth $35,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Huntington National Bank boosted its position in iShares Gold Trust by 7.6% during the 3rd quarter. Huntington National Bank now owns 206,962 shares of the exchange traded fund’s stock worth $10,286,000 after acquiring an additional 14,614 shares during the period. Main Street Financial Solutions LLC lifted its holdings in iShares Gold Trust by 7.3% in the third quarter. Main Street Financial Solutions LLC now owns 33,169 shares of the exchange traded fund’s stock worth $1,648,000 after purchasing an additional 2,255 shares during the period. Schrum Private Wealth Management LLC grew its position in iShares Gold Trust by 100.0% in the 3rd quarter. Schrum Private Wealth Management LLC now owns 12,830 shares of the exchange traded fund’s stock valued at $638,000 after buying an additional 6,415 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in iShares Gold Trust by 42.8% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 38,259 shares of the exchange traded fund’s stock valued at $1,901,000 after buying an additional 11,471 shares during the period. Finally, Pinnacle Financial Partners Inc increased its stake in iShares Gold Trust by 8.4% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 58,406 shares of the exchange traded fund’s stock valued at $2,903,000 after buying an additional 4,520 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.2 %

Shares of NYSEARCA:IAU opened at $48.37 on Friday. The company has a 50 day moving average of $50.08 and a 200-day moving average of $46.89. iShares Gold Trust has a twelve month low of $37.21 and a twelve month high of $52.69.

iShares Gold Trust Profile

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.