iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Timber Creek Capital Management LLC

Timber Creek Capital Management LLC lowered its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 235,393 shares of the exchange traded fund’s stock after selling 3,940 shares during the period. iShares Gold Trust makes up about 3.4% of Timber Creek Capital Management LLC’s holdings, making the stock its 7th biggest position. Timber Creek Capital Management LLC’s holdings in iShares Gold Trust were worth $11,654,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. TCP Asset Management LLC boosted its holdings in iShares Gold Trust by 3.0% in the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after acquiring an additional 195 shares in the last quarter. Quadrant Private Wealth Management LLC boosted its holdings in iShares Gold Trust by 2.3% in the fourth quarter. Quadrant Private Wealth Management LLC now owns 8,596 shares of the exchange traded fund’s stock worth $426,000 after acquiring an additional 195 shares in the last quarter. Riggs Asset Managment Co. Inc. boosted its holdings in iShares Gold Trust by 1.2% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock worth $850,000 after acquiring an additional 212 shares in the last quarter. Baker Avenue Asset Management LP boosted its holdings in iShares Gold Trust by 2.9% in the third quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock worth $374,000 after acquiring an additional 215 shares in the last quarter. Finally, SeaCrest Wealth Management LLC boosted its holdings in iShares Gold Trust by 2.7% in the fourth quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 215 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

IAU stock opened at $55.37 on Wednesday. iShares Gold Trust has a twelve month low of $38.21 and a twelve month high of $55.44. The stock’s 50 day moving average is $51.37 and its 200-day moving average is $49.92.

About iShares Gold Trust

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.