iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. cut its stake in iShares Gold Trust (NYSEARCA:IAU) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 56,345 shares of the exchange traded fund’s stock after selling 1,232 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares Gold Trust were worth $2,790,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Archer Investment Corp grew its stake in shares of iShares Gold Trust by 813.8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 529 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its position in iShares Gold Trust by 127.0% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 635 shares during the period. Global Trust Asset Management LLC increased its stake in iShares Gold Trust by 71.4% during the third quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after acquiring an additional 500 shares during the last quarter. Raleigh Capital Management Inc. raised its holdings in shares of iShares Gold Trust by 15,750.0% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock worth $63,000 after purchasing an additional 1,260 shares during the period. Finally, McIlrath & Eck LLC lifted its stake in shares of iShares Gold Trust by 34.3% in the 3rd quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock valued at $66,000 after purchasing an additional 341 shares in the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $52.31 on Friday. iShares Gold Trust has a one year low of $37.53 and a one year high of $52.69. The company’s 50 day moving average price is $50.17 and its 200 day moving average price is $48.95.

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.