Signal Advisors Wealth LLC Sells 1,438 Shares of iShares Gold Trust (NYSEARCA:IAU)

Signal Advisors Wealth LLC cut its holdings in iShares Gold Trust (NYSEARCA:IAU) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 89,684 shares of the exchange traded fund’s stock after selling 1,438 shares during the period. Signal Advisors Wealth LLC’s holdings in iShares Gold Trust were worth $4,440,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in IAU. Archer Investment Corp increased its position in iShares Gold Trust by 813.8% in the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 529 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares Gold Trust by 127.0% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after acquiring an additional 635 shares during the last quarter. Global Trust Asset Management LLC increased its position 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 period. Zions Bancorporation N.A. raised its stake in iShares Gold Trust by 32.9% during the 2nd quarter. Zions Bancorporation N.A. now owns 1,442 shares of the exchange traded fund’s stock valued at $63,000 after purchasing an additional 357 shares during the last quarter. Finally, McIlrath & Eck LLC boosted its holdings in 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 during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $50.25 on Tuesday. The company’s fifty day moving average is $49.87 and its two-hundred day moving average is $48.57. iShares Gold Trust has a 52-week low of $37.53 and a 52-week high of $52.69.

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.