Cape ANN Savings Bank Trims Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Cape ANN Savings Bank reduced its position in iShares Gold Trust (NYSEARCA:IAU) by 1.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 168,490 shares of the exchange traded fund’s stock after selling 2,072 shares during the quarter. iShares Gold Trust makes up about 4.3% of Cape ANN Savings Bank’s portfolio, making the stock its 6th largest position. Cape ANN Savings Bank’s holdings in iShares Gold Trust were worth $6,485,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. ORG Partners LLC acquired a new position in shares of iShares Gold Trust during the 4th quarter valued at $28,000. Pingora Partners LLC acquired a new position in shares of iShares Gold Trust during the 4th quarter valued at $31,000. Signature Resources Capital Management LLC acquired a new position in shares of iShares Gold Trust during the 4th quarter valued at $32,000. North Star Investment Management Corp. lifted its position in shares of iShares Gold Trust by 125.7% during the 4th quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 479 shares during the period. Finally, Chilton Capital Management LLC lifted its position in shares of iShares Gold Trust by 162.8% during the 4th quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 542 shares during the period. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Down 0.5 %

Shares of iShares Gold Trust stock traded down $0.23 during trading on Monday, reaching $43.85. 3,550,592 shares of the company traded hands, compared to its average volume of 6,558,115. iShares Gold Trust has a 1-year low of $34.35 and a 1-year high of $46.08. The company has a 50 day moving average price of $44.32 and a 200-day moving average price of $41.09.

About iShares Gold Trust

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.