Nottingham Advisors Inc. Sells 9,398 Shares of iShares Gold Trust $IAU

Nottingham Advisors Inc. lessened its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 10.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 80,317 shares of the exchange traded fund’s stock after selling 9,398 shares during the quarter. iShares Gold Trust accounts for approximately 0.9% of Nottingham Advisors Inc.’s holdings, making the stock its 25th largest position. Nottingham Advisors Inc.’s holdings in iShares Gold Trust were worth $7,081,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Godfrey Financial Associates Inc. bought a new stake in iShares Gold Trust in the 4th quarter valued at $25,000. Rossby Financial LCC boosted its holdings in shares of iShares Gold Trust by 75.7% during the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 140 shares during the last quarter. Monetary Solutions Ltd bought a new position in shares of iShares Gold Trust during the 4th quarter valued at about $26,000. Gables Capital Management Inc. grew its position in shares of iShares Gold Trust by 173.1% during the fourth quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 225 shares in the last quarter. Finally, Motiv8 Investments LLC purchased a new position in shares of iShares Gold Trust during the fourth quarter valued at about $29,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 1.9%

Shares of IAU stock opened at $77.33 on Wednesday. The stock has a market capitalization of $65.83 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 12-month low of $61.37 and a 12-month high of $104.40. The stock’s 50-day moving average price is $85.10 and its 200-day moving average price is $87.71.

Key iShares Gold Trust News

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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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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