Good Life Advisors LLC Lowers Stock Position in iShares Gold Trust (NYSEARCA:IAU)

Good Life Advisors LLC lessened its holdings in iShares Gold Trust (NYSEARCA:IAU) by 52.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,164 shares of the exchange traded fund’s stock after selling 4,612 shares during the period. Good Life Advisors LLC’s holdings in iShares Gold Trust were worth $206,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of IAU. Compass Financial Services Inc purchased a new stake in shares of iShares Gold Trust in the 4th quarter worth approximately $27,000. Archer Investment Corp lifted its position in shares of iShares Gold Trust by 813.8% in the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 529 shares during the period. Financial Life Planners purchased a new stake in shares of iShares Gold Trust in the 4th quarter worth approximately $33,000. Newbridge Financial Services Group Inc. purchased a new stake in iShares Gold Trust during the fourth quarter valued at approximately $40,000. Finally, Valued Wealth Advisors LLC lifted its position in iShares Gold Trust by 65.7% during the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 333 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $55.39 on Friday. iShares Gold Trust has a 52 week low of $38.21 and a 52 week high of $55.60. The firm has a 50 day moving average of $51.64 and a 200 day moving average of $50.06.

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.