OLD National Bancorp IN reduced its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 2.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,704 shares of the exchange-traded fund after selling 396 shares during the quarter. OLD National Bancorp IN’s holdings in iShares Gold Trust were worth $602,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Private Ocean LLC acquired a new stake in iShares Gold Trust in the 1st quarter valued at $29,000. Global Trust Asset Management LLC increased its holdings in shares of iShares Gold Trust by 250.0% in the 2nd quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund valued at $31,000 after purchasing an additional 500 shares in the last quarter. ORG Partners LLC acquired a new stake in iShares Gold Trust in the fourth quarter valued at about $28,000. Pingora Partners LLC acquired a new stake in iShares Gold Trust in the fourth quarter valued at about $31,000. Finally, YHB Investment Advisors Inc. acquired a new stake in iShares Gold Trust in the first quarter valued at about $33,000. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust price development
IAU stock opened at $45.89 on Friday. iShares Gold Trust has a one-year low of $34.35 and a one-year high of $46.93. The company has a 50-day moving average of $44.79 and a 200-day moving average of $42.85.
iShares Gold Trust Company Profile
(Free report)
iShares Gold Trust (the Trust) owns gold which is transferred to the Trust in exchange for units issued by the Trust (Units). Each Unit represents an undivided share in the net assets of the Trust. The assets of the Trust consist of gold which is managed by the Trust Trustee on behalf of the Trust.
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