source: Simple Digressions
Note that in January the first gold ETF, IAU, accumulated 125.2 thousand ounces of gold (its total gold holdings increased by this amount of gold) but its much larger counterpart, GLD, decreased its holdings by 742.7 thousand ounces.
Over the next months both ETFS were doing the same:
- added gold in February and April (up-to-date)
- got rid off the gold in March