Unique Wealth LLC Lowers Stock Holdings in iShares Gold Trust $IAU

Unique Wealth LLC reduced its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 30.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,606 shares of the exchange traded fund’s stock after selling 16,299 shares during the quarter. Unique Wealth LLC’s holdings in iShares Gold Trust were worth $3,315,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Godfrey Financial Associates Inc. purchased a new position in shares of iShares Gold Trust in the fourth quarter valued at approximately $25,000. Rossby Financial LCC increased its stake in iShares Gold Trust by 75.7% during the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 140 shares during the period. Monetary Solutions Ltd purchased a new stake in iShares Gold Trust during the 4th quarter worth approximately $26,000. Gables Capital Management Inc. lifted its holdings in iShares Gold Trust by 173.1% during the 4th quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 225 shares in the last quarter. Finally, Motiv8 Investments LLC acquired a new stake in iShares Gold Trust during the 4th quarter worth approximately $29,000. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting iShares Gold Trust

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iShares Gold Trust Stock Up 1.0%

Shares of IAU stock opened at $75.71 on Friday. The firm has a 50 day moving average of $84.51 and a two-hundred day moving average of $87.65. The stock has a market capitalization of $64.46 billion, a PE ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 52 week low of $61.37 and a 52 week high of $104.40.

iShares Gold Trust Profile

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

See Also

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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