iShares Gold Trust $IAU Shares Sold by Ascent Group LLC

Ascent Group LLC decreased its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 4.1% during the fourth quarter, Holdings Channel reports. The firm owned 324,901 shares of the exchange traded fund’s stock after selling 14,017 shares during the quarter. iShares Gold Trust comprises 0.9% of Ascent Group LLC’s portfolio, making the stock its 24th largest holding. Ascent Group LLC’s holdings in iShares Gold Trust were worth $26,372,000 as of its most recent SEC filing.

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

iShares Gold Trust Price Performance

IAU opened at $87.94 on Friday. The business has a fifty day moving average price of $93.06 and a 200 day moving average price of $83.89. iShares Gold Trust has a 12 month low of $55.78 and a 12 month high of $104.40. The stock has a market capitalization of $74.87 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09.

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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).

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

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