Walkner Condon Financial Advisors LLC decreased its position in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 1.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,207 shares of the exchange traded fund’s stock after selling 734 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in iShares Gold Trust were worth $2,090,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also added to or reduced their stakes in IAU. Exchange Traded Concepts LLC acquired a new stake in shares of iShares Gold Trust during the 3rd quarter valued at $163,000. Procyon Advisors LLC acquired a new stake in shares of iShares Gold Trust during the third quarter valued at about $226,000. CX Institutional bought a new stake in shares of iShares Gold Trust during the third quarter worth about $503,000. NBC Securities Inc. increased its stake in shares of iShares Gold Trust by 11.5% in the third quarter. NBC Securities Inc. now owns 6,083 shares of the exchange traded fund’s stock valued at $302,000 after buying an additional 629 shares during the period. Finally, SeaCrest Wealth Management LLC grew its holdings in iShares Gold Trust by 41.4% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 8,072 shares of the exchange traded fund’s stock worth $401,000 after acquiring an additional 2,363 shares during the last quarter. 59.67% of the stock is owned by institutional investors.
iShares Gold Trust Trading Up 1.0 %
NYSEARCA IAU opened at $55.28 on Friday. The business’s 50-day moving average price is $51.07 and its two-hundred day moving average price is $49.70. iShares Gold Trust has a 12 month low of $37.53 and a 12 month high of $55.30.
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.
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