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

Austin Private Wealth LLC reduced its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 12.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,152 shares of the exchange traded fund’s stock after selling 3,438 shares during the period. Austin Private Wealth LLC’s holdings in iShares Gold Trust were worth $1,245,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its stake in iShares Gold Trust by 9.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after purchasing an additional 981,362 shares during the period. Independent Family Office LLC raised its holdings in shares of iShares Gold Trust by 4.1% during the third quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock valued at $21,155,000 after acquiring an additional 16,827 shares during the period. Silverleafe Capital Partners LLC raised its holdings in shares of iShares Gold Trust by 0.4% during the fourth quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock valued at $9,329,000 after acquiring an additional 689 shares during the period. Merit Financial Group LLC raised its holdings in shares of iShares Gold Trust by 177.6% during the fourth quarter. Merit Financial Group LLC now owns 51,538 shares of the exchange traded fund’s stock valued at $2,552,000 after acquiring an additional 32,975 shares during the period. Finally, International Assets Investment Management LLC increased its stake in iShares Gold Trust by 4,843.7% in the 3rd quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock valued at $11,632,000 after buying an additional 229,303 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

IAU stock opened at $52.87 on Friday. iShares Gold Trust has a 12 month low of $37.53 and a 12 month high of $53.18. The firm has a 50 day moving average of $50.35 and a two-hundred day moving average of $49.15.

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.