Bryn Mawr Capital Management LLC Sells 2,106 Shares of iShares Gold Trust (NYSEARCA:IAU)

Bryn Mawr Capital Management LLC lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 12.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,163 shares of the exchange traded fund’s stock after selling 2,106 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in iShares Gold Trust were worth $592,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in iShares Gold Trust by 58.9% during the third quarter. JPMorgan Chase & Co. now owns 10,294,050 shares of the exchange traded fund’s stock valued at $360,189,000 after acquiring an additional 3,815,686 shares during the last quarter. Packer & Co Ltd bought a new position in shares of iShares Gold Trust during the 3rd quarter valued at $125,443,000. First Command Advisory Services Inc. bought a new position in shares of iShares Gold Trust during the 3rd quarter valued at $50,473,000. Axxcess Wealth Management LLC grew its stake in shares of iShares Gold Trust by 585.5% during the third quarter. Axxcess Wealth Management LLC now owns 1,107,742 shares of the exchange traded fund’s stock valued at $38,760,000 after buying an additional 946,138 shares during the last quarter. Finally, TIAA Trust National Association purchased a new position in shares of iShares Gold Trust in the third quarter worth about $29,403,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

NYSEARCA IAU opened at $44.26 on Friday. iShares Gold Trust has a 1-year low of $34.35 and a 1-year high of $45.98. The stock has a 50-day moving average of $41.78 and a 200-day moving average of $39.32.

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.