DSG Capital Advisors LLC Has $10.66 Million Holdings in iShares Gold Trust $IAU

DSG Capital Advisors LLC trimmed its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 10.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 146,433 shares of the exchange traded fund’s stock after selling 17,101 shares during the period. iShares Gold Trust comprises 1.7% of DSG Capital Advisors LLC’s holdings, making the stock its 20th biggest position. DSG Capital Advisors LLC’s holdings in iShares Gold Trust were worth $10,656,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Hutchens & Kramer Investment Management Group LLC lifted its holdings in iShares Gold Trust by 7.7% during the 3rd quarter. Hutchens & Kramer Investment Management Group LLC now owns 4,928 shares of the exchange traded fund’s stock valued at $359,000 after purchasing an additional 352 shares during the last quarter. One Wealth Advisors LLC raised its position in shares of iShares Gold Trust by 30.1% in the third quarter. One Wealth Advisors LLC now owns 44,364 shares of the exchange traded fund’s stock valued at $3,228,000 after purchasing an additional 10,263 shares during the period. CCG Wealth Management LLC bought a new position in shares of iShares Gold Trust in the third quarter valued at about $296,000. Northstar Advisory Group LLC acquired a new stake in shares of iShares Gold Trust during the 3rd quarter worth about $604,000. Finally, Bensler LLC boosted its holdings in shares of iShares Gold Trust by 14.0% during the 3rd quarter. Bensler LLC now owns 72,635 shares of the exchange traded fund’s stock worth $5,286,000 after buying an additional 8,921 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting iShares Gold Trust

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iShares Gold Trust Stock Performance

Shares of IAU opened at $97.48 on Wednesday. The firm has a market cap of $82.24 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52 week low of $51.81 and a 52 week high of $97.58. The firm’s 50-day simple moving average is $83.10 and its 200 day simple moving average is $74.42.

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).

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

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