Clarity Financial LLC lessened its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 26.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,863 shares of the exchange traded fund’s stock after selling 2,778 shares during the quarter. Clarity Financial LLC’s holdings in iShares Gold Trust were worth $391,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of IAU. Norden Group LLC acquired a new position in iShares Gold Trust during the first quarter worth approximately $555,000. Larson Financial Group LLC grew its position in shares of iShares Gold Trust by 7.9% in the first quarter. Larson Financial Group LLC now owns 8,123 shares of the exchange traded fund’s stock valued at $341,000 after purchasing an additional 596 shares during the last quarter. Catalina Capital Group LLC acquired a new position in shares of iShares Gold Trust in the first quarter valued at approximately $233,000. Geneos Wealth Management Inc. grew its position in shares of iShares Gold Trust by 13.0% in the first quarter. Geneos Wealth Management Inc. now owns 3,446 shares of the exchange traded fund’s stock valued at $145,000 after purchasing an additional 396 shares during the last quarter. Finally, Lesa Sroufe & Co acquired a new position in shares of iShares Gold Trust in the first quarter valued at approximately $211,000. Institutional investors and hedge funds own 59.67% of the company’s stock.
iShares Gold Trust Stock Up 0.2 %
iShares Gold Trust stock opened at $51.70 on Tuesday. iShares Gold Trust has a 12 month low of $36.57 and a 12 month high of $52.69. The stock’s 50 day moving average is $49.65 and its 200-day moving average is $46.58.
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.
Featured Articles
- Five stocks we like better than iShares Gold Trust
- Stock Splits, Do They Really Impact Investors?
- 2 Stocks Spinning Off Divisions to Boost Shareholder Value
- Basic Materials Stocks Investing
- Is Eli Lilly a Buy? Analyst Confidence Grows for 2025
- Stock Analyst Ratings and Canadian Analyst Ratings
- Why Warren Buffett’s 1999 Market Warning Still Matters Today
Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.