iShares Gold Trust $IAU Stake Lowered by First Command Advisory Services Inc.

First Command Advisory Services Inc. cut its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 7.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,100,749 shares of the exchange traded fund’s stock after selling 87,439 shares during the quarter. iShares Gold Trust makes up 0.6% of First Command Advisory Services Inc.’s portfolio, making the stock its 18th largest holding. First Command Advisory Services Inc. owned about 0.13% of iShares Gold Trust worth $89,348,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Schmidt P J Investment Management Inc. grew its holdings in iShares Gold Trust by 1.1% in the 4th quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock worth $760,000 after buying an additional 106 shares in the last quarter. Foster Group Inc. grew its holdings in iShares Gold Trust by 2.4% in the 4th quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock worth $416,000 after buying an additional 120 shares in the last quarter. Two West Capital Advisors LLC grew its holdings in iShares Gold Trust by 1.9% in the 4th quarter. Two West Capital Advisors LLC now owns 7,035 shares of the exchange traded fund’s stock worth $571,000 after buying an additional 132 shares in the last quarter. Focused Wealth Management Inc grew its holdings in iShares Gold Trust by 3.4% in the 4th quarter. Focused Wealth Management Inc now owns 4,063 shares of the exchange traded fund’s stock worth $330,000 after buying an additional 132 shares in the last quarter. Finally, PUREfi Wealth LLC grew its holdings in iShares Gold Trust by 1.6% in the 4th quarter. PUREfi Wealth LLC now owns 8,861 shares of the exchange traded fund’s stock worth $719,000 after buying an additional 141 shares in the last quarter. 59.67% of the stock is owned by institutional investors.

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iShares Gold Trust Price Performance

Shares of IAU stock opened at $81.22 on Friday. iShares Gold Trust has a 12-month low of $61.37 and a 12-month high of $104.40. The firm has a market capitalization of $69.15 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. The business has a 50 day simple moving average of $87.03 and a 200 day simple moving average of $87.51.

iShares Gold Trust Company Profile

(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).

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

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