Intrepid Capital Management Inc. Decreases Position in iShares Gold Trust (NYSEARCA:IAU)

Intrepid Capital Management Inc. decreased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 335,290 shares of the exchange traded fund’s stock after selling 1,210 shares during the period. iShares Gold Trust accounts for approximately 2.0% of Intrepid Capital Management Inc.’s portfolio, making the stock its 22nd biggest position. Intrepid Capital Management Inc.’s holdings in iShares Gold Trust were worth $4,151,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Smith Moore & CO. increased its holdings in shares of iShares Gold Trust by 0.7% in the 4th quarter. Smith Moore & CO. now owns 123,449 shares of the exchange traded fund’s stock valued at $1,517,000 after acquiring an additional 817 shares during the last quarter. Evanson Asset Management LLC increased its holdings in shares of iShares Gold Trust by 0.4% in the 1st quarter. Evanson Asset Management LLC now owns 240,527 shares of the exchange traded fund’s stock valued at $2,978,000 after acquiring an additional 900 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its holdings in shares of iShares Gold Trust by 2.3% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 42,448 shares of the exchange traded fund’s stock valued at $526,000 after acquiring an additional 962 shares during the last quarter. Parametric Portfolio Associates LLC increased its holdings in shares of iShares Gold Trust by 7.6% in the 1st quarter. Parametric Portfolio Associates LLC now owns 13,870 shares of the exchange traded fund’s stock valued at $172,000 after acquiring an additional 974 shares during the last quarter. Finally, Liberty Wealth Management LLC increased its holdings in shares of iShares Gold Trust by 2.3% in the 1st quarter. Liberty Wealth Management LLC now owns 44,598 shares of the exchange traded fund’s stock valued at $552,000 after acquiring an additional 1,000 shares during the last quarter.

Shares of IAU traded up $0.07 during mid-day trading on Friday, reaching $12.90. The company’s stock had a trading volume of 481,906 shares, compared to its average volume of 14,345,307. iShares Gold Trust has a 12-month low of $11.25 and a 12-month high of $12.91.

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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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