Oppenheimer & Co. Inc. Reduces Position in iShares Gold Trust (NYSEARCA:IAU)

Oppenheimer & Co. Inc. cut its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 18.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,992 shares of the exchange traded fund’s stock after selling 8,511 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares Gold Trust were worth $1,483,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in IAU. ORG Partners LLC purchased a new stake in iShares Gold Trust in the 4th quarter valued at about $28,000. Pingora Partners LLC purchased a new stake in iShares Gold Trust in the 4th quarter valued at about $31,000. Signature Resources Capital Management LLC purchased a new stake in iShares Gold Trust in the 4th quarter valued at about $32,000. North Star Investment Management Corp. boosted its position in iShares Gold Trust by 125.7% in the 4th quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 479 shares during the period. Finally, Chilton Capital Management LLC boosted its position in iShares Gold Trust by 162.8% in the 4th quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 542 shares during the period. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

iShares Gold Trust stock opened at $43.64 on Tuesday. The firm has a 50-day moving average of $44.30 and a two-hundred day moving average of $40.90. iShares Gold Trust has a 1 year low of $34.35 and a 1 year high of $46.08.

iShares Gold Trust Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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