FDx Advisors Inc. decreased its position in iShares Gold Trust (NYSEARCA:IAU) by 4.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 912,655 shares of the exchange traded fund’s stock after selling 40,111 shares during the period. FDx Advisors Inc. owned approximately 0.10% of iShares Gold Trust worth $10,432,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in the company. Frontier Investment Mgmt Co. bought a new stake in iShares Gold Trust in the 3rd quarter valued at $115,000. Brookstone Capital Management bought a new stake in iShares Gold Trust in the 3rd quarter valued at $118,000. Arkansas Financial Group Inc. bought a new stake in iShares Gold Trust in the 3rd quarter valued at $120,000. Winthrop Advisory Group LLC bought a new stake in iShares Gold Trust in the 2nd quarter valued at $144,000. Finally, Signaturefd LLC bought a new stake in iShares Gold Trust in the 2nd quarter valued at $167,000.
IAU opened at $11.72 on Monday. iShares Gold Trust has a 12 month low of $11.25 and a 12 month high of $13.11.
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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.
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