Glass Jacobson Investment Advisors llc Sells 470 Shares of iShares Gold Trust (NYSEARCA:IAU)

Glass Jacobson Investment Advisors llc cut its holdings in iShares Gold Trust (NYSEARCA:IAU) by 1.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,499 shares of the exchange traded fund’s stock after selling 470 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in iShares Gold Trust were worth $1,267,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Quadrature Capital Ltd purchased a new position in shares of iShares Gold Trust in the 3rd quarter valued at $95,801,000. Truist Financial Corp boosted its position in iShares Gold Trust by 118.9% during the second quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock valued at $108,303,000 after purchasing an additional 1,339,100 shares in the last quarter. Kovitz Investment Group Partners LLC grew its stake in iShares Gold Trust by 10,279.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock valued at $33,128,000 after purchasing an additional 666,330 shares during the last quarter. Hsbc Holdings PLC raised its holdings in iShares Gold Trust by 713.8% in the second quarter. Hsbc Holdings PLC now owns 758,903 shares of the exchange traded fund’s stock worth $33,339,000 after purchasing an additional 665,653 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in iShares Gold Trust in the second quarter worth about $26,134,000. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Up 0.0 %

NYSEARCA IAU opened at $49.68 on Monday. The firm’s fifty day simple moving average is $50.37 and its two-hundred day simple moving average is $47.50. iShares Gold Trust has a 12-month low of $37.40 and a 12-month high of $52.69.

iShares Gold Trust Company 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.