Columbus Macro LLC decreased its position in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 17.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 29,353 shares of the exchange traded fund’s stock after selling 6,056 shares during the period. Columbus Macro LLC’s holdings in iShares Gold Trust were worth $1,830,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Clear Creek Financial Management LLC increased its stake in iShares Gold Trust by 546.7% in the 2nd quarter. Clear Creek Financial Management LLC now owns 88,640 shares of the exchange traded fund’s stock valued at $5,528,000 after buying an additional 74,933 shares during the last quarter. Valmark Advisers Inc. increased its stake in iShares Gold Trust by 10.8% in the 2nd quarter. Valmark Advisers Inc. now owns 10,493 shares of the exchange traded fund’s stock valued at $654,000 after buying an additional 1,022 shares during the last quarter. WESPAC Advisors LLC increased its stake in iShares Gold Trust by 2.6% in the 2nd quarter. WESPAC Advisors LLC now owns 25,686 shares of the exchange traded fund’s stock valued at $1,602,000 after buying an additional 656 shares during the last quarter. Citizens National Bank Trust Department increased its stake in iShares Gold Trust by 12.2% in the 2nd quarter. Citizens National Bank Trust Department now owns 28,275 shares of the exchange traded fund’s stock valued at $1,763,000 after buying an additional 3,071 shares during the last quarter. Finally, Spectrum Asset Management Inc. NB CA increased its stake in iShares Gold Trust by 1.1% in the 2nd quarter. Spectrum Asset Management Inc. NB CA now owns 156,113 shares of the exchange traded fund’s stock valued at $9,735,000 after buying an additional 1,733 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Stock Performance
NYSEARCA:IAU opened at $76.22 on Thursday. The firm has a market cap of $62.55 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 52 week low of $48.29 and a 52 week high of $76.49. The firm has a 50-day moving average price of $67.22 and a two-hundred day moving average price of $63.72.
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.
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