iShares Gold Trust $IAU Shares Sold by TSA Wealth Managment LLC

TSA Wealth Managment LLC decreased its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 49.9% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 37,913 shares of the exchange traded fund’s stock after selling 37,717 shares during the period. iShares Gold Trust comprises approximately 1.1% of TSA Wealth Managment LLC’s portfolio, making the stock its 24th biggest holding. TSA Wealth Managment LLC’s holdings in iShares Gold Trust were worth $3,342,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. CIBC Bancorp USA Inc. acquired a new stake in iShares Gold Trust in the 3rd quarter valued at about $193,639,000. Concurrent Investment Advisors LLC increased its holdings in iShares Gold Trust by 381.5% during the 4th quarter. Concurrent Investment Advisors LLC now owns 2,534,729 shares of the exchange traded fund’s stock valued at $205,744,000 after acquiring an additional 2,008,288 shares in the last quarter. Citigroup Inc. raised its position in iShares Gold Trust by 35.7% during the fourth quarter. Citigroup Inc. now owns 7,201,313 shares of the exchange traded fund’s stock worth $584,531,000 after acquiring an additional 1,893,594 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in iShares Gold Trust by 18.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,595,990 shares of the exchange traded fund’s stock worth $535,396,000 after acquiring an additional 1,019,135 shares during the last quarter. Finally, Orion Porfolio Solutions LLC lifted its holdings in shares of iShares Gold Trust by 503.7% in the second quarter. Orion Porfolio Solutions LLC now owns 930,318 shares of the exchange traded fund’s stock valued at $58,015,000 after purchasing an additional 776,215 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

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iShares Gold Trust Trading Down 0.3%

Shares of IAU stock traded down $0.25 during trading hours on Friday, hitting $77.26. The company’s stock had a trading volume of 2,747,659 shares, compared to its average volume of 11,348,428. The business has a fifty day moving average of $81.89 and a 200-day moving average of $87.31. The stock has a market cap of $63.81 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a twelve month low of $61.60 and a twelve month high of $104.40.

iShares Gold Trust Company Profile

(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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