Strengthening Families & Communities LLC Sells 745 Shares of iShares Gold Trust (NYSEARCA:IAU)

Strengthening Families & Communities LLC decreased its holdings in iShares Gold Trust (NYSEARCA:IAU) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 50,147 shares of the exchange traded fund’s stock after selling 745 shares during the quarter. iShares Gold Trust makes up 1.4% of Strengthening Families & Communities LLC’s investment portfolio, making the stock its 20th biggest holding. Strengthening Families & Communities LLC’s holdings in iShares Gold Trust were worth $2,483,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quadrature Capital Ltd acquired a new position in iShares Gold Trust during the 3rd quarter worth about $95,801,000. JPMorgan Chase & Co. raised its position in shares of iShares Gold Trust by 9.6% during the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after acquiring an additional 981,362 shares during the last quarter. Park Avenue Securities LLC lifted its stake in shares of iShares Gold Trust by 6,538.7% in the fourth quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock worth $33,808,000 after acquiring an additional 672,568 shares during the period. Kovitz Investment Group Partners LLC boosted its holdings 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 acquiring an additional 666,330 shares during the last quarter. Finally, Parker Investment Management LLC acquired a new stake in iShares Gold Trust during the 3rd quarter valued at approximately $26,050,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $54.88 on Tuesday. The company’s 50 day moving average price is $50.78 and its 200-day moving average price is $49.52. iShares Gold Trust has a 52-week low of $37.53 and a 52-week high of $54.95.

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.