iShares Gold Trust $IAU Holdings Cut by Integrated Advisors Network LLC

Integrated Advisors Network LLC reduced its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 65.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,148 shares of the exchange traded fund’s stock after selling 32,680 shares during the period. Integrated Advisors Network LLC’s holdings in iShares Gold Trust were worth $1,512,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Interactive Financial Advisors Inc. boosted its position in iShares Gold Trust by 4.0% during the first quarter. Interactive Financial Advisors Inc. now owns 17,951 shares of the exchange traded fund’s stock valued at $1,583,000 after purchasing an additional 687 shares during the last quarter. Kiley Juergens Wealth Management LLC purchased a new stake in shares of iShares Gold Trust during the 1st quarter worth about $417,000. Arbor Investment Advisors LLC raised its stake in shares of iShares Gold Trust by 93.5% during the 1st quarter. Arbor Investment Advisors LLC now owns 6,100 shares of the exchange traded fund’s stock worth $538,000 after purchasing an additional 2,948 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in shares of iShares Gold Trust by 4.6% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 128,254 shares of the exchange traded fund’s stock worth $11,236,000 after purchasing an additional 5,649 shares in the last quarter. Finally, Columbia Bank acquired a new stake in shares of iShares Gold Trust during the 1st quarter valued at about $271,000. 59.67% of the stock is owned by institutional investors and hedge funds.

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iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $76.74 on Thursday. The business has a 50 day simple moving average of $82.23 and a 200 day simple moving average of $87.42. iShares Gold Trust has a 52 week low of $61.60 and a 52 week high of $104.40. The stock has a market cap of $63.38 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18.

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).

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

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