iShares Gold Trust (NYSEARCA:IAU) Shares Sold by WCG Wealth Advisors LLC

WCG Wealth Advisors LLC cut its stake in iShares Gold Trust (NYSEARCA:IAU) by 3.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,998 shares of the exchange traded fund’s stock after selling 884 shares during the quarter. WCG Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $1,337,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Tucker Asset Management LLC boosted its holdings in iShares Gold Trust by 106.9% in the 4th quarter. Tucker Asset Management LLC now owns 509 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 263 shares during the last quarter. Compass Financial Services Inc acquired a new position in iShares Gold Trust in the fourth quarter valued at approximately $27,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in iShares Gold Trust during the fourth quarter worth $28,000. Wintrust Investments LLC purchased a new stake in iShares Gold Trust in the fourth quarter valued at $29,000. Finally, Financial Life Planners acquired a new position in shares of iShares Gold Trust in the 4th quarter valued at $33,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 2.2%

NYSEARCA IAU opened at $63.38 on Friday. The stock has a fifty day simple moving average of $60.46 and a 200-day simple moving average of $54.81. The stock has a market cap of $47.48 billion, a PE ratio of -37.79 and a beta of 0.13. iShares Gold Trust has a twelve month low of $43.24 and a twelve month high of $64.98.

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.