Greenleaf Trust Sells 515 Shares of iShares Gold Trust (NYSEARCA:IAU)

Greenleaf Trust lessened its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 5.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,416 shares of the exchange traded fund’s stock after selling 515 shares during the quarter. Greenleaf Trust’s holdings in iShares Gold Trust were worth $466,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of IAU. Archer Investment Corp increased its position in shares of iShares Gold Trust by 813.8% during the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 529 shares in the last quarter. Valued Wealth Advisors LLC increased its position in shares of iShares Gold Trust by 65.7% during the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 333 shares in the last quarter. Independence Bank of Kentucky acquired a new position in shares of iShares Gold Trust during the fourth quarter worth $52,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares Gold Trust by 127.0% during 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 last quarter. Finally, Global Trust Asset Management LLC grew its stake in shares of iShares Gold Trust by 71.4% during the third quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after acquiring an additional 500 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $53.69 on Wednesday. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $53.69. The stock’s 50-day simple moving average is $50.46 and its 200-day simple moving average is $49.28.

iShares Gold Trust Company 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.