Wilmington Savings Fund Society FSB Decreases Holdings in iShares Gold Trust (NYSEARCA:IAU)

Wilmington Savings Fund Society FSB lowered its stake in iShares Gold Trust (NYSEARCA:IAU) by 23.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,007 shares of the exchange traded fund’s stock after selling 1,809 shares during the period. Wilmington Savings Fund Society FSB’s holdings in iShares Gold Trust were worth $297,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in IAU. GAMMA Investing LLC raised its stake in shares of iShares Gold Trust by 158.7% in the third quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock valued at $72,000 after acquiring an additional 887 shares during the period. Exchange Traded Concepts LLC bought a new position in iShares Gold Trust during the 3rd quarter valued at about $163,000. Thurston Springer Miller Herd & Titak Inc. raised its position in iShares Gold Trust by 127.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 635 shares during the period. Procyon Advisors LLC bought a new stake in iShares Gold Trust in the third quarter worth about $226,000. Finally, CX Institutional purchased a new position in shares of iShares Gold Trust during the third quarter valued at approximately $503,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Down 0.3 %

IAU opened at $54.69 on Wednesday. The stock’s 50 day moving average price is $50.88 and its 200-day moving average price is $49.60. iShares Gold Trust has a one year low of $37.53 and a one year high of $54.94.

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.