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World Investment Advisors buys more gold ETF shares, while Franklin Resources Inc. sells off part of its holdings.
World Investment Advisors increased its holdings in iShares Gold Trust (IAU) by buying 77,926 additional shares in the fourth quarter, totaling $5.53 million.
Meanwhile, Franklin Resources Inc. reduced its position in IAU by 3.8%, selling 47,768 shares, leaving its holdings worth $59.8 million.
These moves reflect varying strategies among institutional investors in the gold ETF market.
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World Investment Advisors compra más acciones de ETF de oro, mientras que Franklin Resources Inc. vende parte de sus participaciones.