iShares Gold Trust $IAU Shares Sold by Verus Capital Partners LLC

Verus Capital Partners LLC reduced its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 36.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,985 shares of the exchange traded fund’s stock after selling 8,030 shares during the period. Verus Capital Partners LLC’s holdings in iShares Gold Trust were worth $872,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bryn Mawr Trust Advisors LLC boosted its stake in iShares Gold Trust by 79.9% in the second quarter. Bryn Mawr Trust Advisors LLC now owns 51,910 shares of the exchange traded fund’s stock valued at $3,237,000 after acquiring an additional 23,054 shares in the last quarter. Stokes Family Office LLC increased its position in shares of iShares Gold Trust by 2.7% during the second quarter. Stokes Family Office LLC now owns 93,539 shares of the exchange traded fund’s stock worth $5,833,000 after purchasing an additional 2,491 shares in the last quarter. Americana Partners LLC increased its position in shares of iShares Gold Trust by 9.0% during the second quarter. Americana Partners LLC now owns 26,166 shares of the exchange traded fund’s stock worth $1,632,000 after purchasing an additional 2,158 shares in the last quarter. McAdam LLC lifted its holdings in shares of iShares Gold Trust by 4.6% in the 2nd quarter. McAdam LLC now owns 7,687 shares of the exchange traded fund’s stock valued at $479,000 after purchasing an additional 341 shares during the last quarter. Finally, Alpha Cubed Investments LLC boosted its position in shares of iShares Gold Trust by 110.2% in the 2nd quarter. Alpha Cubed Investments LLC now owns 9,093 shares of the exchange traded fund’s stock valued at $567,000 after purchasing an additional 4,768 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.4%

NYSEARCA:IAU opened at $77.80 on Wednesday. The company has a market capitalization of $64.11 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52-week low of $48.29 and a 52-week high of $82.55. The stock’s 50 day moving average price is $73.55 and its 200 day moving average price is $66.70.

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.