Black Diamond Financial LLC Decreases Holdings in iShares Gold Trust (NYSEARCA:IAU)

Black Diamond Financial LLC reduced its stake in iShares Gold Trust (NYSEARCA:IAU) by 16.4% during the second quarter, according to its most recent filing with the SEC. The fund owned 9,584 shares of the exchange traded fund’s stock after selling 1,880 shares during the quarter. Black Diamond Financial LLC’s holdings in iShares Gold Trust were worth $421,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in IAU. Financial Sense Advisors Inc. grew its holdings in shares of iShares Gold Trust by 0.4% during the 1st quarter. Financial Sense Advisors Inc. now owns 65,609 shares of the exchange traded fund’s stock valued at $2,756,000 after purchasing an additional 230 shares during the last quarter. Pettinga Financial Advisors LLC increased its holdings in shares of iShares Gold Trust by 2.5% in the first quarter. Pettinga Financial Advisors LLC now owns 10,225 shares of the exchange traded fund’s stock worth $430,000 after buying an additional 245 shares during the period. EP Wealth Advisors LLC lifted its stake in shares of iShares Gold Trust by 1.4% in the 1st quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock valued at $783,000 after acquiring an additional 262 shares during the last quarter. Aspect Partners LLC boosted its holdings in iShares Gold Trust by 0.5% during the 2nd quarter. Aspect Partners LLC now owns 54,818 shares of the exchange traded fund’s stock valued at $2,408,000 after acquiring an additional 292 shares during the period. Finally, Ashton Thomas Private Wealth LLC grew its position in iShares Gold Trust by 0.9% during the 1st quarter. Ashton Thomas Private Wealth LLC now owns 31,759 shares of the exchange traded fund’s stock worth $1,334,000 after acquiring an additional 293 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 1.0 %

Shares of iShares Gold Trust stock opened at $48.80 on Monday. iShares Gold Trust has a one year low of $34.35 and a one year high of $48.85. The business’s 50 day simple moving average is $46.42 and its two-hundred day simple moving average is $44.47.

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.