iShares Gold Trust $IAU Shares Sold by Yeomans Consulting Group Inc.

Yeomans Consulting Group Inc. cut its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 6.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 371,971 shares of the exchange traded fund’s stock after selling 26,735 shares during the period. iShares Gold Trust comprises about 9.7% of Yeomans Consulting Group Inc.’s investment portfolio, making the stock its biggest holding. Yeomans Consulting Group Inc.’s holdings in iShares Gold Trust were worth $23,404,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC acquired a new stake in shares of iShares Gold Trust during the first quarter valued at about $27,000. BankPlus Trust Department acquired a new stake in shares of iShares Gold Trust during the first quarter valued at about $27,000. Dunhill Financial LLC grew its stake in shares of iShares Gold Trust by 86.6% during the first quarter. Dunhill Financial LLC now owns 472 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 219 shares in the last quarter. Garrison Bradford & Associates Inc. acquired a new stake in shares of iShares Gold Trust during the first quarter valued at about $29,000. Finally, North Capital Inc. acquired a new stake in shares of iShares Gold Trust during the first quarter valued at about $34,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $72.65 on Friday. The company has a market capitalization of $59.35 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a one year low of $48.29 and a one year high of $73.43. The stock has a 50-day simple moving average of $66.23 and a 200 day simple moving average of $63.24.

iShares Gold Trust 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.