Yeomans Consulting Group Inc. Sells 7,809 Shares of iShares Gold Trust $IAU

Yeomans Consulting Group Inc. decreased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 2.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 364,162 shares of the exchange traded fund’s stock after selling 7,809 shares during the period. iShares Gold Trust accounts for 9.2% of Yeomans Consulting Group Inc.’s portfolio, making the stock its 2nd largest position. Yeomans Consulting Group Inc.’s holdings in iShares Gold Trust were worth $26,540,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of IAU. Citigroup Inc. grew its stake in shares of iShares Gold Trust by 809.1% during the 2nd quarter. Citigroup Inc. now owns 5,108,818 shares of the exchange traded fund’s stock valued at $318,586,000 after buying an additional 4,546,835 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares Gold Trust by 67.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 10,919,614 shares of the exchange traded fund’s stock worth $680,947,000 after buying an additional 4,398,605 shares during the period. Prudential Financial Inc. boosted its holdings in iShares Gold Trust by 2,152.7% in the second quarter. Prudential Financial Inc. now owns 3,494,106 shares of the exchange traded fund’s stock valued at $217,892,000 after acquiring an additional 3,339,000 shares during the last quarter. PFG Advisors grew its position in iShares Gold Trust by 4,797.3% during the second quarter. PFG Advisors now owns 1,432,369 shares of the exchange traded fund’s stock valued at $89,323,000 after acquiring an additional 1,403,121 shares during the period. Finally, Mainstay Capital Management LLC ADV grew its position in iShares Gold Trust by 12,087.3% during the second quarter. Mainstay Capital Management LLC ADV now owns 1,329,143 shares of the exchange traded fund’s stock valued at $82,885,000 after acquiring an additional 1,318,237 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $84.34 on Friday. The business has a 50-day moving average of $78.54 and a two-hundred day moving average of $70.50. The firm has a market capitalization of $69.50 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 12 month low of $49.00 and a 12 month high of $84.71.

iShares Gold Trust 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. 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).