Tradewinds Capital Management LLC Trims Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Tradewinds Capital Management LLC lowered its holdings in iShares Gold Trust (NYSEARCA:IAU) by 93.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,386 shares of the exchange traded fund’s stock after selling 337,857 shares during the period. Tradewinds Capital Management LLC’s holdings in iShares Gold Trust were worth $1,108,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Sequoia Financial Advisors LLC boosted its holdings in shares of iShares Gold Trust by 36.9% in the third quarter. Sequoia Financial Advisors LLC now owns 11,184 shares of the exchange traded fund’s stock worth $556,000 after acquiring an additional 3,015 shares during the period. Greenleaf Trust boosted its stake in iShares Gold Trust by 24.0% in the 3rd quarter. Greenleaf Trust now owns 9,931 shares of the exchange traded fund’s stock worth $494,000 after purchasing an additional 1,923 shares during the period. International Assets Investment Management LLC grew its holdings in iShares Gold Trust by 4,843.7% during 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 in the last quarter. Global Trust Asset Management LLC increased its position in shares of 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 valued at $60,000 after buying an additional 500 shares during the period. Finally, Values First Advisors Inc. purchased a new stake in shares of iShares Gold Trust in the third quarter worth about $98,000. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Performance

IAU stock opened at $55.39 on Friday. The firm has a 50 day moving average of $51.75 and a 200-day moving average of $50.16. iShares Gold Trust has a 12 month low of $38.21 and a 12 month high of $55.60.

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.