Auxano Advisors LLC Sells 440 Shares of iShares Gold Trust (NYSEARCA:IAU)

Auxano Advisors LLC trimmed its stake in iShares Gold Trust (NYSEARCA:IAU) by 2.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,374 shares of the exchange traded fund’s stock after selling 440 shares during the period. Auxano Advisors LLC’s holdings in iShares Gold Trust were worth $910,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in IAU. Pinnacle Associates Ltd. grew its position in shares of iShares Gold Trust by 7.5% in the 3rd quarter. Pinnacle Associates Ltd. now owns 11,598 shares of the exchange traded fund’s stock worth $576,000 after buying an additional 814 shares during the last quarter. Gladstone Institutional Advisory LLC raised its stake in iShares Gold Trust by 6.7% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 11,572 shares of the exchange traded fund’s stock worth $575,000 after acquiring an additional 728 shares during the last quarter. Capital Advisors Inc. OK raised its stake in shares of iShares Gold Trust by 3.0% in the third quarter. Capital Advisors Inc. OK now owns 10,966 shares of the exchange traded fund’s stock worth $545,000 after purchasing an additional 320 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in iShares Gold Trust by 6.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 26,957 shares of the exchange traded fund’s stock valued at $1,340,000 after acquiring an additional 1,678 shares during the period. Finally, Carmichael Hill & Associates Inc. lifted its position in iShares Gold Trust by 120.7% during the third quarter. Carmichael Hill & Associates Inc. now owns 2,532 shares of the exchange traded fund’s stock valued at $126,000 after purchasing an additional 1,385 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Down 0.6 %

Shares of NYSEARCA:IAU opened at $53.87 on Monday. The business has a 50 day moving average of $52.27 and a two-hundred day moving average of $50.50. iShares Gold Trust has a 12-month low of $38.65 and a 12-month high of $55.70. The company has a market capitalization of $36.56 billion, a PE ratio of -33.32 and a beta of 0.20.

iShares Gold Trust Company 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.