iShares Gold Trust (NYSEARCA:IAU) is Gibson Capital LLC’s 9th Largest Position

Gibson Capital LLC lessened its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 85,049 shares of the exchange traded fund’s stock after selling 1,621 shares during the quarter. iShares Gold Trust makes up about 1.1% of Gibson Capital LLC’s investment portfolio, making the stock its 9th biggest position. Gibson Capital LLC’s holdings in iShares Gold Trust were worth $5,014,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC acquired a new stake in shares of iShares Gold Trust in the fourth quarter worth approximately $1,864,000. Strategic Financial Concepts LLC purchased a new position in iShares Gold Trust during the fourth quarter worth approximately $442,000. Empowered Funds LLC acquired a new position in shares of iShares Gold Trust in the 4th quarter valued at $3,180,000. Thompson Investment Management Inc. purchased a new stake in shares of iShares Gold Trust during the 4th quarter valued at $67,000. Finally, Quotient Wealth Partners LLC increased its holdings in shares of iShares Gold Trust by 30.2% during the 4th quarter. Quotient Wealth Partners LLC now owns 6,100 shares of the exchange traded fund’s stock worth $302,000 after buying an additional 1,416 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.4%

IAU stock opened at $62.74 on Tuesday. The company has a market cap of $46.18 billion, a PE ratio of -38.57 and a beta of 0.12. The stock has a 50-day moving average price of $61.59 and a two-hundred day moving average price of $55.89. iShares Gold Trust has a 12-month low of $43.35 and a 12-month high of $64.98.

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.