iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Private Harbour Investment Management & Counsel LLC

Private Harbour Investment Management & Counsel LLC cut its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 207,877 shares of the exchange traded fund’s stock after selling 8,056 shares during the quarter. iShares Gold Trust comprises about 11.3% of Private Harbour Investment Management & Counsel LLC’s investment portfolio, making the stock its largest position. Private Harbour Investment Management & Counsel LLC’s holdings in iShares Gold Trust were worth $10,292,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Compass Financial Services Inc acquired a new position in iShares Gold Trust during the fourth quarter worth $27,000. Wintrust Investments LLC acquired a new position in shares of iShares Gold Trust during the 4th quarter worth $29,000. Financial Life Planners acquired a new position in shares of iShares Gold Trust during the 4th quarter worth $33,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of iShares Gold Trust in the 4th quarter worth about $40,000. Finally, Valued Wealth Advisors LLC grew its stake in iShares Gold Trust by 65.7% in the 4th quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 333 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.5 %

Shares of IAU opened at $56.99 on Wednesday. iShares Gold Trust has a 12-month low of $41.08 and a 12-month high of $57.59. The stock has a market cap of $40.83 billion, a P/E ratio of -34.13 and a beta of 0.20. The company has a 50-day moving average of $54.36 and a two-hundred day moving average of $51.54.

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.