Harvest Fund Management Co. Ltd Sells 2,841 Shares of iShares Gold Trust (NYSEARCA:IAU)

Harvest Fund Management Co. Ltd reduced its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 89,680 shares of the exchange traded fund’s stock after selling 2,841 shares during the period. Harvest Fund Management Co. Ltd’s holdings in iShares Gold Trust were worth $3,501,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. ORG Partners LLC bought a new position in shares of iShares Gold Trust during the 4th quarter worth approximately $28,000. North Star Investment Management Corp. grew its stake in shares of iShares Gold Trust by 125.7% in the fourth 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 in the last quarter. Chilton Capital Management LLC grew its stake in shares of iShares Gold Trust by 162.8% in the fourth 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 in the last quarter. GAMMA Investing LLC bought a new position in shares of iShares Gold Trust in the fourth quarter valued at $38,000. Finally, Tompkins Financial Corp bought a new position in shares of iShares Gold Trust in the fourth quarter valued at $57,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU traded down $0.13 during midday trading on Tuesday, hitting $43.91. The stock had a trading volume of 8,372,289 shares, compared to its average volume of 6,865,078. iShares Gold Trust has a 12 month low of $34.35 and a 12 month high of $45.98. The business’s 50-day simple moving average is $41.41 and its 200-day simple moving average is $39.17.

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.