iShares Gold Trust $IAU Shares Sold by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC cut its holdings in iShares Gold Trust (NYSEARCA:IAU) by 32.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,689 shares of the exchange traded fund’s stock after selling 2,296 shares during the quarter. Quotient Wealth Partners LLC’s holdings in iShares Gold Trust were worth $292,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Keener Financial Planning LLC acquired a new position in iShares Gold Trust in the second quarter valued at $25,000. Smallwood Wealth Investment Management LLC acquired a new position in iShares Gold Trust in the first quarter valued at $27,000. BankPlus Trust Department acquired a new position in iShares Gold Trust in the first quarter valued at $27,000. Private Wealth Management Group LLC increased its stake in iShares Gold Trust by 290.9% in the second quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 320 shares during the period. Finally, Garrison Bradford & Associates Inc. acquired a new position in iShares Gold Trust in the first quarter valued at $29,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $79.63 on Monday. The firm has a market cap of $66.22 billion, a PE ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a one year low of $48.29 and a one year high of $81.34. The firm’s fifty day moving average is $69.25 and its two-hundred day moving average is $64.78.

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.