Doliver Advisors LP Trims Holdings in iShares Gold Trust (NYSEARCA:IAU)

Doliver Advisors LP reduced its stake in iShares Gold Trust (NYSEARCA:IAU) by 4.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 18,525 shares of the exchange traded fund’s stock after selling 920 shares during the quarter. Doliver Advisors LP’s holdings in iShares Gold Trust were worth $917,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. TCP Asset Management LLC lifted its position in shares of iShares Gold Trust by 3.0% during the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after purchasing an additional 195 shares in the last quarter. Baker Avenue Asset Management LP raised its stake in shares of iShares Gold Trust by 2.9% in the third quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock valued at $374,000 after acquiring an additional 215 shares in the last quarter. Howard Financial Services LTD. raised its stake in shares of iShares Gold Trust by 2.9% in the third quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock valued at $386,000 after acquiring an additional 220 shares in the last quarter. Avaii Wealth Management LLC boosted its stake in shares of iShares Gold Trust by 1.7% in the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock valued at $736,000 after buying an additional 249 shares during the period. Finally, FFG Partners LLC grew its position in shares of iShares Gold Trust by 0.9% during the third quarter. FFG Partners LLC now owns 29,300 shares of the exchange traded fund’s stock worth $1,456,000 after buying an additional 267 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.1 %

NYSEARCA:IAU traded down $0.06 during mid-day trading on Monday, hitting $49.73. The stock had a trading volume of 3,067,382 shares, compared to its average volume of 3,457,814. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $52.69. The stock has a 50-day simple moving average of $50.08 and a two-hundred day simple moving average of $48.31.

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.