iShares Gold Trust $IAU Holdings Decreased by WealthShield Partners LLC

WealthShield Partners LLC reduced its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 40.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 25,514 shares of the exchange traded fund’s stock after selling 17,191 shares during the quarter. WealthShield Partners LLC’s holdings in iShares Gold Trust were worth $2,249,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Godfrey Financial Associates Inc. bought a new stake in iShares Gold Trust during the fourth quarter valued at $25,000. Monetary Solutions Ltd acquired a new stake in shares of iShares Gold Trust during the fourth quarter worth $26,000. Merkkuri Wealth Advisors LLC bought a new position in shares of iShares Gold Trust in the 1st quarter worth about $26,000. Fairway Wealth LLC lifted its position in shares of iShares Gold Trust by 525.0% in the 1st quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 252 shares during the last quarter. Finally, Rossby Financial LCC boosted its holdings in shares of iShares Gold Trust by 75.7% in the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 140 shares during the period. 59.67% of the stock is currently owned by institutional investors.

Key Stories Impacting iShares Gold Trust

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU traded down $0.25 during trading on Friday, reaching $77.26. 2,747,659 shares of the company’s stock traded hands, compared to its average volume of 11,348,428. iShares Gold Trust has a 12 month low of $61.60 and a 12 month high of $104.40. The company has a 50 day moving average of $81.89 and a 200-day moving average of $87.31. The stock has a market capitalization of $63.81 billion, a P/E ratio of 5.53 and a beta of 0.18.

About iShares Gold Trust

(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).

Further Reading

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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