GLD, IAU and SGOL are three of the most popular ETFs owned by U.S. hedge funds. At the end of the second quarter, hedge funds owned nearly 3% of GLD’s shares outstanding, 1.7% of IAU and 2.4% of SGOL. http://www.etftrends.com/2014/10/hedge-funds-love-these-etfs/
In a reversal of what has been a consistent theme this year, silver ETFs have been joining their gold counterparts in the lost assets column this month. The iShares Silver Trust (NYSEArca: SLV) has lost $113.1 million this month, but the ETFS Physical Silver Shares (NYSEArca: SIVR), the second-largest U.S.-listed silver ETF behind SLV, has seen modest inflows.
SPDR Gold Shares
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of GLD.