Nottingham Advisors Inc. Has $7.28 Million Stock Position in iShares Gold Trust $IAU

by · The Cerbat Gem

Nottingham Advisors Inc. trimmed its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 23.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,715 shares of the exchange traded fund’s stock after selling 27,716 shares during the quarter. iShares Gold Trust comprises approximately 1.0% of Nottingham Advisors Inc.’s holdings, making the stock its 23rd largest position. Nottingham Advisors Inc.’s holdings in iShares Gold Trust were worth $7,282,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of IAU. Brighton Jones LLC acquired a new stake in shares of iShares Gold Trust in the fourth quarter worth $1,864,000. Bison Wealth LLC lifted its position in iShares Gold Trust by 78.5% during the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after buying an additional 7,379 shares in the last quarter. AQR Capital Management LLC lifted its position in iShares Gold Trust by 47.0% during the 1st quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock valued at $1,588,000 after purchasing an additional 8,609 shares during the period. Glenview Trust co lifted its position in iShares Gold Trust by 9.7% during the 2nd quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock valued at $772,000 after purchasing an additional 1,095 shares during the period. Finally, Main Street Financial Solutions LLC lifted its position in iShares Gold Trust by 6.3% during the 2nd quarter. Main Street Financial Solutions LLC now owns 36,817 shares of the exchange traded fund’s stock valued at $2,296,000 after purchasing an additional 2,172 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

More iShares Gold Trust News

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iShares Gold Trust Trading Up 1.3%

iShares Gold Trust stock opened at $91.34 on Friday. The company has a market cap of $77.76 billion, a PE ratio of 5.53 and a beta of 0.20. The company’s 50-day moving average is $92.11 and its two-hundred day moving average is $85.14. iShares Gold Trust has a 1 year low of $59.71 and a 1 year high of $104.40.

iShares Gold Trust Company 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).

Further Reading

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).