Compass Financial Group Inc. Decreases Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Compass Financial Group Inc. decreased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,002 shares of the exchange traded fund’s stock after selling 692 shares during the period. iShares Gold Trust comprises approximately 1.1% of Compass Financial Group Inc.’s investment portfolio, making the stock its 25th largest holding. Compass Financial Group Inc.’s holdings in iShares Gold Trust were worth $2,030,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. ORG Partners LLC purchased a new position in shares of iShares Gold Trust during the 4th quarter valued at approximately $28,000. North Star Investment Management Corp. lifted its holdings 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 purchasing an additional 479 shares in the last quarter. Chilton Capital Management LLC lifted its holdings 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 purchasing an additional 542 shares in the last quarter. GAMMA Investing LLC purchased a new position in iShares Gold Trust in the 4th quarter valued at $38,000. Finally, Tompkins Financial Corp purchased a new position in iShares Gold Trust in the 4th quarter valued at $57,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.1 %

IAU stock traded down $0.05 during midday trading on Wednesday, reaching $43.86. The stock had a trading volume of 5,177,836 shares, compared to its average volume of 6,843,895. The company’s fifty day simple moving average is $41.54 and its 200 day simple moving average is $39.20. iShares Gold Trust has a 52-week low of $34.35 and a 52-week high of $45.98.

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.