iShares Gold Trust $IAU Shares Sold by Buttonwood Financial Group LLC

Buttonwood Financial Group LLC lessened its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 24.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,759 shares of the exchange traded fund’s stock after selling 34,798 shares during the period. iShares Gold Trust comprises about 4.7% of Buttonwood Financial Group LLC’s portfolio, making the stock its 6th largest holding. Buttonwood Financial Group LLC’s holdings in iShares Gold Trust were worth $8,893,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of IAU. Abich Financial Wealth Management LLC acquired a new stake in iShares Gold Trust in the 3rd quarter valued at about $25,000. Mountain Hill Investment Partners Corp. bought a new position in iShares Gold Trust during the third quarter worth about $29,000. Measured Wealth Private Client Group LLC acquired a new position in iShares Gold Trust during the third quarter worth approximately $31,000. Fourth Dimension Wealth LLC increased its position in iShares Gold Trust by 436.3% during the third quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 349 shares during the last quarter. Finally, SOA Wealth Advisors LLC. raised its stake in iShares Gold Trust by 230.0% in the third quarter. SOA Wealth Advisors LLC. now owns 462 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 322 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust News Roundup

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iShares Gold Trust Stock Down 3.7%

IAU opened at $82.09 on Friday. iShares Gold Trust has a 12-month low of $55.78 and a 12-month high of $104.40. The stock has a market cap of $69.31 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. The business has a 50 day moving average of $93.38 and a 200-day moving average of $83.02.

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

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