Royal Bank of Canada Cuts Holdings in iShares Gold Trust(ETF) (IAU)

Royal Bank of Canada trimmed its position in shares of iShares Gold Trust(ETF) (NYSEARCA:IAU) by 5.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,605,737 shares of the exchange traded fund’s stock after selling 87,111 shares during the quarter. Royal Bank of Canada’s holdings in iShares Gold Trust(ETF) were worth $19,172,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. MUFG Americas Holdings Corp boosted its position in iShares Gold Trust(ETF) by 7.6% during the 2nd quarter. MUFG Americas Holdings Corp now owns 420,081 shares of the exchange traded fund’s stock valued at $5,016,000 after acquiring an additional 29,713 shares in the last quarter. Boyer & Corporon Wealth Management LLC boosted its position in iShares Gold Trust(ETF) by 3.5% during the 2nd quarter. Boyer & Corporon Wealth Management LLC now owns 637,727 shares of the exchange traded fund’s stock valued at $7,614,000 after acquiring an additional 21,378 shares in the last quarter. CIBC World Markets Inc. boosted its position in iShares Gold Trust(ETF) by 16.9% during the 2nd quarter. CIBC World Markets Inc. now owns 283,405 shares of the exchange traded fund’s stock valued at $3,384,000 after acquiring an additional 40,887 shares in the last quarter. Omnia Family Wealth LLC boosted its position in iShares Gold Trust(ETF) by 8.1% during the 2nd quarter. Omnia Family Wealth LLC now owns 207,932 shares of the exchange traded fund’s stock valued at $2,483,000 after acquiring an additional 15,603 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in iShares Gold Trust(ETF) by 6.4% during the 2nd quarter. Wells Fargo & Company MN now owns 8,154,942 shares of the exchange traded fund’s stock valued at $97,370,000 after acquiring an additional 490,139 shares in the last quarter.

iShares Gold Trus (IAU) opened at 12.43 on Thursday. iShares Gold Trus has a 12-month low of $10.81 and a 12-month high of $12.98. The stock’s 50 day moving average is $12.53 and its 200 day moving average is $12.20.

COPYRIGHT VIOLATION WARNING: “Royal Bank of Canada Cuts Holdings in iShares Gold Trust(ETF) (IAU)” was originally reported by Markets Daily and is the property of of Markets Daily. If you are reading this piece of content on another website, it was copied illegally and republished in violation of U.S. & international copyright and trademark law. The original version of this piece of content can be viewed at https://www.themarketsdaily.com/2017/10/12/royal-bank-of-canada-cuts-holdings-in-ishares-gold-trustetf-iau.html.

iShares Gold Trust(ETF) 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.

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust(ETF) (NYSEARCA:IAU).

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

Receive News & Ratings for iShares Gold Trust(ETF) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust(ETF) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply