iShares Gold Trust $IAU Shares Sold by Accredited Wealth Management LLC

Accredited Wealth Management LLC lessened its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 96.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 615 shares of the exchange traded fund’s stock after selling 16,920 shares during the period. Accredited Wealth Management LLC’s holdings in iShares Gold Trust were worth $45,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in IAU. Allianz SE lifted its holdings in shares of iShares Gold Trust by 2.8% in the 3rd quarter. Allianz SE now owns 1,186,632 shares of the exchange traded fund’s stock valued at $86,351,000 after buying an additional 32,341 shares during the period. Erste Asset Management GmbH lifted its holdings in iShares Gold Trust by 7.3% in the third quarter. Erste Asset Management GmbH now owns 1,905,650 shares of the exchange traded fund’s stock valued at $137,512,000 after acquiring an additional 130,000 shares during the period. TIAA Trust National Association boosted its position in shares of iShares Gold Trust by 6.4% during the 3rd quarter. TIAA Trust National Association now owns 667,556 shares of the exchange traded fund’s stock worth $48,578,000 after purchasing an additional 40,142 shares in the last quarter. Mill Creek Capital Advisors LLC grew its position in iShares Gold Trust by 2.9% during the third quarter. Mill Creek Capital Advisors LLC now owns 203,287 shares of the exchange traded fund’s stock worth $14,793,000 after buying an additional 5,749 shares during the period. Finally, Diversify Wealth Management LLC acquired a new position in iShares Gold Trust during the third quarter worth about $202,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $99.07 on Friday. The stock has a fifty day moving average price of $90.29 and a 200 day moving average price of $79.45. The stock has a market cap of $83.65 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 1 year low of $53.44 and a 1 year high of $104.40.

iShares Gold Trust News Summary

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

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).

See Also

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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