iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Hilltop National Bank

Hilltop National Bank reduced its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.8% in the 4th quarter, Holdings Channel reports. The fund owned 83,134 shares of the exchange traded fund’s stock after selling 695 shares during the period. iShares Gold Trust makes up 1.2% of Hilltop National Bank’s investment portfolio, making the stock its 14th largest position. Hilltop National Bank’s holdings in iShares Gold Trust were worth $4,116,000 as of its most recent SEC filing.

A number of other large investors 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 valued at $30,000 after purchasing an additional 529 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of 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 during the period. Global Trust Asset Management LLC grew its position in shares of iShares Gold Trust by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $60,000 after acquiring an additional 500 shares during the period. Zions Bancorporation N.A. increased its stake in shares of iShares Gold Trust by 32.9% in the 2nd quarter. Zions Bancorporation N.A. now owns 1,442 shares of the exchange traded fund’s stock valued at $63,000 after purchasing an additional 357 shares in the last quarter. Finally, McIlrath & Eck LLC raised its holdings in iShares Gold Trust by 34.3% in the 3rd quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after purchasing an additional 341 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 1.0 %

IAU traded up $0.49 during trading on Friday, hitting $50.78. The company’s stock had a trading volume of 3,673,318 shares, compared to its average volume of 4,240,430. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $52.69. The business’s fifty day simple moving average is $49.92 and its 200 day simple moving average is $48.41.

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.