iShares Gold Trust $IAU Stock Sold by ONE Advisory Partners LLC

ONE Advisory Partners LLC reduced its stake in iShares Gold Trust (NYSEARCA:IAU) by 72.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,647 shares of the exchange traded fund’s stock after selling 30,664 shares during the period. ONE Advisory Partners LLC’s holdings in iShares Gold Trust were worth $910,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. BlackRock Inc. lifted its stake in shares of iShares Gold Trust by 1.3% during the 2nd quarter. BlackRock Inc. now owns 8,732,671 shares of the exchange traded fund’s stock worth $659,404,000 after buying an additional 109,246 shares during the last quarter. Proficio Capital Partners LLC boosted its holdings in shares of iShares Gold Trust by 5.7% during the 2nd quarter. Proficio Capital Partners LLC now owns 2,191,169 shares of the exchange traded fund’s stock worth $165,455,000 after buying an additional 118,328 shares during the period. Bank of New York Mellon Corp grew its stake in iShares Gold Trust by 8.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,840,038 shares of the exchange traded fund’s stock valued at $138,941,000 after buying an additional 149,558 shares during the last quarter. AlTi Global Inc. grew its stake in iShares Gold Trust by 5.4% in the 2nd quarter. AlTi Global Inc. now owns 1,651,446 shares of the exchange traded fund’s stock valued at $124,701,000 after buying an additional 84,457 shares during the last quarter. Finally, GM Advisory Group LLC grew its stake in iShares Gold Trust by 2.8% in the 1st quarter. GM Advisory Group LLC now owns 1,569,661 shares of the exchange traded fund’s stock valued at $138,381,000 after buying an additional 42,385 shares during the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

iShares Gold Trust stock traded down $0.51 during trading hours on Friday, hitting $75.15. The company had a trading volume of 4,172,091 shares, compared to its average volume of 9,072,928. The firm has a market cap of $59.26 billion, a PE ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a one year low of $73.74 and a one year high of $104.40. The firm has a 50-day moving average of $80.90 and a 200 day moving average of $81.74.

iShares Gold Trust News Roundup

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

• Positive Sentiment: Gold received some support from falling Treasury yields, which can reduce the opportunity cost of holding a non-yielding asset. Gold also rebounded from the $4,000 area, suggesting that level is attracting buyers. Gold Defends $4,000 After Bounce as Fed Signals Take Center Stage
• Positive Sentiment: Inflation expectations increased in the University of Michigan’s October survey, potentially supporting longer-term demand for gold as an inflation hedge. However, consumer sentiment was broadly steady and above expectations. Gold price trades near $4,000/oz after final Consumer Sentiment holds steady

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. 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).