Aviance Capital Management LLC Decreases Stake in iShares Gold Trust (IAU)

Aviance Capital Management LLC trimmed its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 44.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 63,943 shares of the exchange traded fund’s stock after selling 50,601 shares during the period. Aviance Capital Management LLC’s holdings in iShares Gold Trust were worth $786,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gould Asset Management LLC CA increased its holdings in iShares Gold Trust by 0.6% during the fourth quarter. Gould Asset Management LLC CA now owns 163,538 shares of the exchange traded fund’s stock valued at $2,010,000 after buying an additional 985 shares during the last quarter. First National Trust Co increased its holdings in iShares Gold Trust by 9.2% during the fourth quarter. First National Trust Co now owns 11,850 shares of the exchange traded fund’s stock valued at $146,000 after buying an additional 1,000 shares during the last quarter. AdvisorNet Financial Inc increased its holdings in iShares Gold Trust by 0.6% during the fourth quarter. AdvisorNet Financial Inc now owns 173,421 shares of the exchange traded fund’s stock valued at $2,131,000 after buying an additional 1,003 shares during the last quarter. BB&T Securities LLC increased its holdings in iShares Gold Trust by 2.5% during the fourth quarter. BB&T Securities LLC now owns 48,381 shares of the exchange traded fund’s stock valued at $594,000 after buying an additional 1,169 shares during the last quarter. Finally, PFG Advisors increased its holdings in iShares Gold Trust by 7.8% during the fourth quarter. PFG Advisors now owns 18,438 shares of the exchange traded fund’s stock valued at $228,000 after buying an additional 1,327 shares during the last quarter.

IAU opened at $12.41 on Friday. iShares Gold Trust has a 1-year low of $11.25 and a 1-year high of $13.11.

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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.

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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