National Bank of Canada FI Sells 2,283 Shares of iShares Gold Trust (NYSEARCA:IAU)

National Bank of Canada FI trimmed its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 702,795 shares of the exchange traded fund’s stock after selling 2,283 shares during the quarter. National Bank of Canada FI owned 0.11% of iShares Gold Trust worth $34,802,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Proficio Capital Partners LLC boosted its position in shares of iShares Gold Trust by 2,943.8% during the fourth quarter. Proficio Capital Partners LLC now owns 65,535,203 shares of the exchange traded fund’s stock worth $3,244,648,000 after buying an additional 63,382,112 shares during the period. LPL Financial LLC lifted its stake in iShares Gold Trust by 35.4% in the 4th quarter. LPL Financial LLC now owns 8,630,437 shares of the exchange traded fund’s stock valued at $427,293,000 after acquiring an additional 2,257,590 shares in the last quarter. Quadrature Capital Ltd acquired a new position in iShares Gold Trust during the 3rd quarter worth approximately $95,801,000. Truist Financial Corp grew its stake in shares of iShares Gold Trust by 56.8% during the 4th quarter. Truist Financial Corp now owns 4,160,293 shares of the exchange traded fund’s stock worth $205,976,000 after acquiring an additional 1,507,442 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares Gold Trust by 4,039.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,118,460 shares of the exchange traded fund’s stock valued at $55,375,000 after purchasing an additional 1,091,440 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 0.2 %

Shares of IAU opened at $58.95 on Thursday. The stock has a market capitalization of $42.59 billion, a price-to-earnings ratio of -35.73 and a beta of 0.17. iShares Gold Trust has a 12 month low of $42.96 and a 12 month high of $59.55. The firm has a fifty day simple moving average of $55.19 and a 200 day simple moving average of $51.94.

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.