Bfsg LLC Decreases Position in iShares Gold Trust (NYSEARCA:IAU)

Bfsg LLC trimmed its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 305,284 shares of the exchange traded fund’s stock after selling 577 shares during the quarter. iShares Gold Trust makes up about 1.7% of Bfsg LLC’s investment portfolio, making the stock its 6th biggest position. Bfsg LLC’s holdings in iShares Gold Trust were worth $11,915,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Redhawk Wealth Advisors Inc. grew its stake in iShares Gold Trust by 2.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 11,390 shares of the exchange traded fund’s stock worth $445,000 after buying an additional 262 shares during the last quarter. Ieq Capital LLC grew its stake in shares of iShares Gold Trust by 0.7% during the third quarter. Ieq Capital LLC now owns 41,123 shares of the exchange traded fund’s stock valued at $1,439,000 after purchasing an additional 266 shares during the last quarter. Asset Dedication LLC grew its stake in shares of iShares Gold Trust by 2.5% during the third quarter. Asset Dedication LLC now owns 11,334 shares of the exchange traded fund’s stock valued at $396,000 after purchasing an additional 278 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of iShares Gold Trust by 10.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 3,050 shares of the exchange traded fund’s stock valued at $119,000 after purchasing an additional 282 shares during the last quarter. Finally, First Financial Corp IN grew its stake in shares of iShares Gold Trust by 19.9% during the fourth quarter. First Financial Corp IN now owns 1,715 shares of the exchange traded fund’s stock valued at $67,000 after purchasing an additional 285 shares during the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

Shares of IAU traded up $0.26 during mid-day trading on Thursday, hitting $44.12. 4,811,764 shares of the company traded hands, compared to its average volume of 6,814,385. iShares Gold Trust has a one year low of $34.35 and a one year high of $45.98. The business has a 50-day moving average of $41.54 and a 200 day moving average of $39.20.

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.