Simmons Bank Trims Holdings in iShares Gold Trust (NYSEARCA:IAU)

Simmons Bank reduced its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,368 shares of the exchange traded fund’s stock after selling 1,056 shares during the quarter. Simmons Bank’s holdings in iShares Gold Trust were worth $1,263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in IAU. Brown Advisory Inc. grew its holdings in iShares Gold Trust by 46.6% during the 3rd quarter. Brown Advisory Inc. now owns 177,046 shares of the exchange traded fund’s stock valued at $6,195,000 after buying an additional 56,286 shares in the last quarter. Clear Harbor Asset Management LLC grew its holdings in iShares Gold Trust by 0.7% during the 3rd quarter. Clear Harbor Asset Management LLC now owns 194,065 shares of the exchange traded fund’s stock valued at $6,790,000 after buying an additional 1,440 shares in the last quarter. Astoria Portfolio Advisors LLC. purchased a new stake in iShares Gold Trust during the 3rd quarter valued at approximately $202,000. Gradient Investments LLC grew its holdings in iShares Gold Trust by 1.6% during the 3rd quarter. Gradient Investments LLC now owns 88,812 shares of the exchange traded fund’s stock valued at $3,108,000 after buying an additional 1,427 shares in the last quarter. Finally, TIAA Trust National Association purchased a new stake in iShares Gold Trust during the 3rd quarter valued at approximately $29,403,000. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Down 0.4 %

Shares of IAU stock traded down $0.19 on Tuesday, reaching $43.77. The company’s stock had a trading volume of 5,484,154 shares, compared to its average volume of 6,965,172. The stock’s fifty day simple moving average is $42.54 and its 200-day simple moving average is $39.70. iShares Gold Trust has a 1 year low of $34.35 and a 1 year high of $45.98.

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.