iShares Gold Trust $IAU Shares Sold by Cambridge Associates LLC MA ADV

Cambridge Associates LLC MA ADV lowered its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 1.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 740,591 shares of the exchange traded fund’s stock after selling 10,214 shares during the period. iShares Gold Trust makes up 1.0% of Cambridge Associates LLC MA ADV’s investment portfolio, making the stock its 14th largest position. Cambridge Associates LLC MA ADV’s holdings in iShares Gold Trust were worth $65,291,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares Gold Trust in the 1st quarter valued at $26,000. Fairway Wealth LLC lifted its position in iShares Gold Trust by 525.0% during the 1st quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 252 shares during the period. Godfrey Financial Associates Inc. acquired a new stake in iShares Gold Trust during the 4th quarter worth about $25,000. Rossby Financial LCC grew 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 valued at $26,000 after purchasing an additional 140 shares during the last quarter. Finally, Monetary Solutions Ltd purchased a new stake in iShares Gold Trust during the 4th quarter valued at about $26,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $77.69 on Thursday. iShares Gold Trust has a fifty-two week low of $61.60 and a fifty-two week high of $104.40. The firm has a market capitalization of $64.16 billion, a PE ratio of 5.53 and a beta of 0.18. The stock’s 50-day simple moving average is $79.97 and its 200-day simple moving average is $86.94.

Key iShares Gold Trust News

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iShares Gold Trust Company 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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