Natixis Advisors LLC Trims Stake in iShares Gold Trust (NYSEARCA:IAU)

Natixis Advisors LLC lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,077 shares of the exchange traded fund’s stock after selling 702 shares during the quarter. Natixis Advisors LLC’s holdings in iShares Gold Trust were worth $948,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Evolution Wealth Advisors LLC purchased a new stake in iShares Gold Trust in the third quarter worth about $208,000. Archer Investment Corp grew its holdings in iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 529 shares during the period. Sheaff Brock Investment Advisors LLC purchased a new stake in iShares Gold Trust in the third quarter worth about $261,000. Signature Estate & Investment Advisors LLC grew its holdings in iShares Gold Trust by 4.9% in the third quarter. Signature Estate & Investment Advisors LLC now owns 10,666 shares of the exchange traded fund’s stock worth $530,000 after purchasing an additional 500 shares during the period. Finally, Balboa Wealth Partners grew its holdings in iShares Gold Trust by 6.9% in the third quarter. Balboa Wealth Partners now owns 7,594 shares of the exchange traded fund’s stock worth $377,000 after purchasing an additional 489 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU opened at $49.78 on Thursday. The firm’s 50-day simple moving average is $50.37 and its two-hundred day simple moving average is $47.25. iShares Gold Trust has a fifty-two week low of $37.40 and a fifty-two week high of $52.69.

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.