iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Wealth Quarterback LLC

Wealth Quarterback LLC lessened its holdings in iShares Gold Trust (NYSEARCA:IAU) by 1.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,595 shares of the exchange traded fund’s stock after selling 383 shares during the period. Wealth Quarterback LLC’s holdings in iShares Gold Trust were worth $1,024,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of IAU. Global Trust Asset Management LLC lifted its stake in iShares Gold Trust by 250.0% in the 2nd quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 500 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new position in iShares Gold Trust during the second quarter worth $31,000. Opal Wealth Advisors LLC acquired a new position in shares of iShares Gold Trust in the second quarter worth $34,000. Pacifica Partners Inc. purchased a new stake in shares of iShares Gold Trust in the second quarter valued at $35,000. Finally, Chris Bulman Inc purchased a new stake in shares of iShares Gold Trust in the second quarter valued at $43,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Trading Down 0.7 %

iShares Gold Trust stock opened at $50.70 on Friday. The stock has a 50-day moving average price of $49.92 and a 200 day moving average price of $46.73. iShares Gold Trust has a 52 week low of $36.57 and a 52 week high of $52.69.

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.