Comerica Securities Inc. Trims Position in iShares Gold Trust(ETF) (IAU)

Comerica Securities Inc. cut its position in shares of iShares Gold Trust(ETF) (NYSEARCA:IAU) by 6.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 43,332 shares of the exchange traded fund’s stock after selling 3,100 shares during the quarter. Comerica Securities Inc.’s holdings in iShares Gold Trust(ETF) were worth $517,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Hanson McClain Inc. raised its holdings in iShares Gold Trust(ETF) by 38.0% during the second quarter. Hanson McClain Inc. now owns 8,654 shares of the exchange traded fund’s stock worth $103,000 after purchasing an additional 2,382 shares during the last quarter. BDO Wealth Advisors LLC acquired a new position in iShares Gold Trust(ETF) during the second quarter worth $116,000. Pinnacle Associates Ltd. acquired a new position in iShares Gold Trust(ETF) during the second quarter worth $122,000. Courage Miller Partners LLC acquired a new position in iShares Gold Trust(ETF) during the second quarter worth $123,000. Finally, Allegis Investment Advisors LLC acquired a new position in iShares Gold Trust(ETF) during the second quarter worth $127,000.

Shares of iShares Gold Trus (IAU) traded down 0.47% during trading on Friday, reaching $12.70. The company had a trading volume of 4,868,288 shares. 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 price is $12.47 and its 200-day moving average price is $12.12.

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About iShares Gold Trust(ETF)

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(ETF) (NYSEARCA:IAU)

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