Valued Retirements Inc. Sells 2,469 Shares of iShares Gold Trust (NYSEARCA:IAU)

Valued Retirements Inc. decreased its holdings in iShares Gold Trust (NYSEARCA:IAU) by 6.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,978 shares of the exchange traded fund’s stock after selling 2,469 shares during the quarter. iShares Gold Trust makes up 2.4% of Valued Retirements Inc.’s investment portfolio, making the stock its 12th biggest holding. Valued Retirements Inc.’s holdings in iShares Gold Trust were worth $1,781,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Proficio Capital Partners LLC grew its position in iShares Gold Trust by 2,943.8% in the 4th quarter. Proficio Capital Partners LLC now owns 65,535,203 shares of the exchange traded fund’s stock worth $3,244,648,000 after purchasing an additional 63,382,112 shares in the last quarter. FMR LLC lifted its stake in iShares Gold Trust by 0.3% in the 3rd quarter. FMR LLC now owns 23,065,092 shares of the exchange traded fund’s stock worth $1,146,335,000 after purchasing an additional 60,784 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in iShares Gold Trust by 9.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after purchasing an additional 981,362 shares in the last quarter. WealthNavi Inc. raised its position in shares of iShares Gold Trust by 2.4% during the 4th quarter. WealthNavi Inc. now owns 5,924,001 shares of the exchange traded fund’s stock valued at $293,297,000 after buying an additional 141,211 shares in the last quarter. Finally, Truist Financial Corp raised its position in shares of iShares Gold Trust by 56.8% during the 4th quarter. Truist Financial Corp now owns 4,160,293 shares of the exchange traded fund’s stock valued at $205,976,000 after buying an additional 1,507,442 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

IAU stock opened at $56.29 on Monday. iShares Gold Trust has a 52 week low of $40.64 and a 52 week high of $56.53. The firm’s fifty day moving average is $53.40 and its 200 day moving average is $51.05. The firm has a market cap of $40.33 billion, a P/E ratio of -34.13 and a beta of 0.20.

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.