Cambridge Trust Co. Sells 1,041 Shares of iShares Gold Trust (NYSEARCA:IAU)

Cambridge Trust Co. lessened its holdings in iShares Gold Trust (NYSEARCA:IAU) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,166 shares of the exchange traded fund’s stock after selling 1,041 shares during the quarter. Cambridge Trust Co.’s holdings in iShares Gold Trust were worth $3,441,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Moneta Group Investment Advisors LLC increased its position in iShares Gold Trust by 413,629.4% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 28,998,294 shares of the exchange traded fund’s stock valued at $1,003,051,000 after purchasing an additional 28,991,285 shares during the period. Morgan Stanley increased its position in iShares Gold Trust by 3.2% during the 4th quarter. Morgan Stanley now owns 22,233,703 shares of the exchange traded fund’s stock valued at $769,064,000 after purchasing an additional 694,430 shares during the period. Sumitomo Mitsui Trust Holdings Inc. increased its position in iShares Gold Trust by 0.6% during the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 21,572,711 shares of the exchange traded fund’s stock valued at $841,983,000 after purchasing an additional 121,364 shares during the period. Charles Schwab Investment Advisory Inc. increased its position in iShares Gold Trust by 1.4% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 21,165,835 shares of the exchange traded fund’s stock valued at $779,537,000 after purchasing an additional 292,574 shares during the period. Finally, Empower Advisory Group LLC increased its position in iShares Gold Trust by 2.6% during the 3rd quarter. Empower Advisory Group LLC now owns 14,357,348 shares of the exchange traded fund’s stock valued at $502,364,000 after purchasing an additional 366,559 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

NYSEARCA:IAU traded up $0.16 on Thursday, reaching $45.02. 6,097,329 shares of the stock traded hands, compared to its average volume of 6,770,962. The company’s 50 day moving average is $40.90 and its 200-day moving average is $38.85. iShares Gold Trust has a 1-year low of $34.35 and a 1-year high of $45.98.

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.