Osborne Partners Capital Management LLC Sells 712 Shares of iShares Gold Trust (NYSEARCA:IAU)

Osborne Partners Capital Management LLC cut its stake in iShares Gold Trust (NYSEARCA:IAU) by 0.3% in the third quarter, HoldingsChannel reports. The fund owned 210,096 shares of the exchange traded fund’s stock after selling 712 shares during the period. Osborne Partners Capital Management LLC’s holdings in iShares Gold Trust were worth $10,442,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Howard Financial Services LTD. increased its position in iShares Gold Trust by 2.9% in the third quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 220 shares during the period. Financial Sense Advisors Inc. lifted its holdings in iShares Gold Trust by 0.4% in the first quarter. Financial Sense Advisors Inc. now owns 65,609 shares of the exchange traded fund’s stock valued at $2,756,000 after buying an additional 230 shares during the period. Pettinga Financial Advisors LLC boosted its stake in 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 valued at $430,000 after acquiring an additional 245 shares during the last quarter. Avaii Wealth Management LLC raised its position in shares of iShares Gold Trust by 1.7% during the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock valued at $736,000 after acquiring an additional 249 shares during the last quarter. Finally, EP Wealth Advisors LLC raised its position in shares of iShares Gold Trust by 1.4% during 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. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $51.80 on Friday. iShares Gold Trust has a 12-month low of $36.57 and a 12-month high of $51.92. The stock’s fifty day simple moving average is $49.09 and its 200-day simple moving average is $46.25.

iShares Gold Trust 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.