iShares Gold Trust $IAU Shares Sold by Strategic Investment Solutions Inc. IL

Strategic Investment Solutions Inc. IL lessened its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 17.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,861 shares of the exchange traded fund’s stock after selling 8,665 shares during the quarter. iShares Gold Trust makes up about 0.8% of Strategic Investment Solutions Inc. IL’s investment portfolio, making the stock its 29th largest holding. Strategic Investment Solutions Inc. IL’s holdings in iShares Gold Trust were worth $3,236,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IAU. Godfrey Financial Associates Inc. acquired a new position in iShares Gold Trust during the 4th quarter worth $25,000. Monetary Solutions Ltd acquired a new position in shares of iShares Gold Trust during the fourth quarter valued at $26,000. Rossby Financial LCC increased its holdings in shares of iShares Gold Trust by 75.7% during the fourth quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 140 shares during the period. Gables Capital Management Inc. raised its stake in shares of iShares Gold Trust by 173.1% during the fourth quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 225 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new stake in shares of iShares Gold Trust during the fourth quarter valued at about $29,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

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iShares Gold Trust Stock Down 0.4%

IAU stock opened at $79.33 on Friday. The company has a market capitalization of $67.54 billion, a P/E ratio of 5.53 and a beta of 0.15. The company has a 50-day simple moving average of $85.76 and a 200 day simple moving average of $87.73. iShares Gold Trust has a fifty-two week low of $61.37 and a fifty-two week high of $104.40.

iShares Gold Trust 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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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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