Vestmark Advisory Solutions Inc. Decreases Stock Position in iShares Gold Trust $IAU

Vestmark Advisory Solutions Inc. lessened its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 95.3% during the third quarter, Holdings Channel reports. The institutional investor owned 22,687 shares of the exchange traded fund’s stock after selling 461,676 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in iShares Gold Trust were worth $1,651,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC purchased a new stake in iShares Gold Trust during the third quarter valued at about $25,000. MTM Investment Management LLC bought a new position in iShares Gold Trust in the 2nd quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. purchased a new position in iShares Gold Trust in the 3rd quarter valued at approximately $29,000. Fourth Dimension Wealth LLC raised its holdings in iShares Gold Trust by 436.3% during the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 349 shares during the period. Finally, Key Financial Inc bought a new stake in iShares Gold Trust during the 2nd quarter valued at $28,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

Key Headlines Impacting iShares Gold Trust

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iShares Gold Trust Price Performance

iShares Gold Trust stock opened at $97.20 on Wednesday. The firm has a market capitalization of $82.07 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a one year low of $53.44 and a one year high of $104.40. The business has a fifty day moving average price of $89.31 and a 200-day moving average price of $78.83.

About iShares Gold Trust

(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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