iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Howland Capital Management LLC

Howland Capital Management LLC reduced its stake in iShares Gold Trust (NYSEARCA:IAU) by 4.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 303,080 shares of the exchange traded fund’s stock after selling 14,889 shares during the period. Howland Capital Management LLC’s holdings in iShares Gold Trust were worth $12,732,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. ORG Partners LLC acquired a new stake in shares of iShares Gold Trust during the fourth quarter valued at approximately $28,000. Private Ocean LLC acquired a new stake in shares of iShares Gold Trust during the first quarter valued at approximately $29,000. Pingora Partners LLC acquired a new stake in shares of iShares Gold Trust during the fourth quarter valued at approximately $31,000. Signature Resources Capital Management LLC acquired a new stake in shares of iShares Gold Trust during the fourth quarter valued at approximately $32,000. Finally, YHB Investment Advisors Inc. acquired a new stake in shares of iShares Gold Trust during the first quarter valued at approximately $33,000. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 1.8 %

iShares Gold Trust stock traded up $0.80 during trading hours on Thursday, hitting $45.63. The company had a trading volume of 5,304,403 shares, compared to its average volume of 6,260,864. The firm’s fifty day moving average is $44.28 and its 200-day moving average is $41.77. iShares Gold Trust has a fifty-two week low of $34.35 and a fifty-two week high of $46.08.

iShares Gold Trust 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.