Telos Capital Management Inc. Has $203,000 Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Telos Capital Management Inc. reduced its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 10.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,091 shares of the exchange traded fund’s stock after selling 468 shares during the period. Telos Capital Management Inc.’s holdings in iShares Gold Trust were worth $203,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IAU. Quadrature Capital Ltd acquired a new position in iShares Gold Trust during the third quarter worth about $95,801,000. JPMorgan Chase & Co. grew its holdings in shares of iShares Gold Trust by 9.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after purchasing an additional 981,362 shares during the last quarter. Park Avenue Securities LLC grew its holdings in shares of iShares Gold Trust by 6,538.7% during the 4th quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock valued at $33,808,000 after purchasing an additional 672,568 shares during the last quarter. Kovitz Investment Group Partners LLC increased its position in iShares Gold Trust by 10,279.7% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock worth $33,128,000 after purchasing an additional 666,330 shares in the last quarter. Finally, Brave Asset Management Inc. bought a new position in iShares Gold Trust in the 3rd quarter valued at approximately $26,169,000. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Up 0.1 %

NYSEARCA IAU opened at $53.97 on Friday. The firm’s fifty day moving average price is $50.71 and its two-hundred day moving average price is $49.41. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $54.48.

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.