Huntington National Bank Lowers Stock Holdings in iShares Gold Trust $IAU

Huntington National Bank lowered its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 5.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 213,313 shares of the exchange traded fund’s stock after selling 11,397 shares during the period. Huntington National Bank’s holdings in iShares Gold Trust were worth $15,523,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Ehrlich Financial Group grew its position in iShares Gold Trust by 15.3% during the third quarter. Ehrlich Financial Group now owns 44,884 shares of the exchange traded fund’s stock valued at $3,266,000 after acquiring an additional 5,943 shares during the last quarter. Bay Harbor Wealth Management LLC boosted its stake in shares of iShares Gold Trust by 63.6% in the 3rd quarter. Bay Harbor Wealth Management LLC now owns 55,530 shares of the exchange traded fund’s stock valued at $4,041,000 after purchasing an additional 21,596 shares in the last quarter. Bryn Mawr Trust Advisors LLC grew its holdings in shares of iShares Gold Trust by 79.9% during the 2nd quarter. Bryn Mawr Trust Advisors LLC now owns 51,910 shares of the exchange traded fund’s stock valued at $3,237,000 after purchasing an additional 23,054 shares during the last quarter. First Horizon Corp purchased a new position in iShares Gold Trust in the 3rd quarter worth $1,863,000. Finally, Strategic Blueprint LLC lifted its stake in iShares Gold Trust by 30.2% in the third quarter. Strategic Blueprint LLC now owns 136,931 shares of the exchange traded fund’s stock worth $9,964,000 after purchasing an additional 31,746 shares during the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Up 1.3%

NYSEARCA IAU opened at $99.07 on Friday. The company has a 50-day simple moving average of $90.29 and a two-hundred day simple moving average of $79.45. iShares Gold Trust has a 12-month low of $53.44 and a 12-month high of $104.40. The firm has a market cap of $83.65 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09.

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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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

See Also

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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