iShares Gold Trust $IAU Shares Sold by FDx Advisors Inc.

FDx Advisors Inc. reduced its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 15.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 72,112 shares of the exchange traded fund’s stock after selling 13,682 shares during the quarter. iShares Gold Trust accounts for 1.6% of FDx Advisors Inc.’s holdings, making the stock its 17th largest position. FDx Advisors Inc.’s holdings in iShares Gold Trust were worth $5,437,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of IAU. PAX Financial Group LLC grew its stake in shares of iShares Gold Trust by 24.3% during the 3rd quarter. PAX Financial Group LLC now owns 54,613 shares of the exchange traded fund’s stock worth $3,974,000 after purchasing an additional 10,659 shares during the period. Forthright Family Wealth Advisory LLC lifted its stake in shares of iShares Gold Trust by 71.0% in the 3rd quarter. Forthright Family Wealth Advisory LLC now owns 45,316 shares of the exchange traded fund’s stock valued at $3,298,000 after purchasing an additional 18,823 shares during the period. Carrera Capital Advisors purchased a new stake in iShares Gold Trust during the third quarter worth $231,000. Mutual Advisors LLC grew its position in iShares Gold Trust by 91.8% during the third quarter. Mutual Advisors LLC now owns 140,044 shares of the exchange traded fund’s stock valued at $10,860,000 after buying an additional 67,047 shares during the period. Finally, UMB Bank n.a. increased its holdings in iShares Gold Trust by 11.6% in the third quarter. UMB Bank n.a. now owns 257,416 shares of the exchange traded fund’s stock valued at $18,732,000 after buying an additional 26,788 shares in the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

Shares of iShares Gold Trust stock opened at $91.20 on Friday. The firm has a 50-day simple moving average of $84.38 and a two-hundred day simple moving average of $75.08. iShares Gold Trust has a fifty-two week low of $52.74 and a fifty-two week high of $104.40. The company has a market cap of $77.00 billion, a P/E ratio of 5.53 and a beta of 0.09.

Key iShares Gold Trust News

Here are the key news stories impacting iShares Gold Trust this week:

About iShares Gold Trust

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

Further Reading

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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