US Bancorp DE Sells 10,147 Shares of iShares Gold Trust (NYSEARCA:IAU)

US Bancorp DE reduced its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 283,290 shares of the exchange traded fund’s stock after selling 10,147 shares during the quarter. US Bancorp DE’s holdings in iShares Gold Trust were worth $11,901,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in IAU. Financial Sense Advisors Inc. boosted its position in shares of iShares Gold Trust by 0.4% during the first quarter. Financial Sense Advisors Inc. now owns 65,609 shares of the exchange traded fund’s stock valued at $2,756,000 after buying an additional 230 shares during the period. Pettinga Financial Advisors LLC boosted its position in shares of iShares Gold Trust by 2.5% during the first quarter. Pettinga Financial Advisors LLC now owns 10,225 shares of the exchange traded fund’s stock valued at $430,000 after buying an additional 245 shares during the period. Spire Wealth Management boosted its position in shares of iShares Gold Trust by 1.2% during the first quarter. Spire Wealth Management now owns 21,289 shares of the exchange traded fund’s stock valued at $894,000 after buying an additional 257 shares during the period. Redhawk Wealth Advisors Inc. boosted its position in shares of iShares Gold Trust by 2.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 11,390 shares of the exchange traded fund’s stock valued at $445,000 after buying an additional 262 shares during the period. Finally, W.G. Shaheen & Associates DBA Whitney & Co boosted its position in shares of iShares Gold Trust by 2.0% during the fourth quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 13,853 shares of the exchange traded fund’s stock valued at $541,000 after buying an additional 277 shares during the period. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Up 2.0 %

Shares of NYSEARCA:IAU traded up $0.90 during trading hours on Tuesday, hitting $46.66. 7,057,586 shares of the company’s stock traded hands, compared to its average volume of 6,220,946. iShares Gold Trust has a 1 year low of $34.35 and a 1 year high of $46.66. The business has a fifty day moving average price of $44.40 and a 200-day moving average price of $41.93.

iShares Gold Trust Profile

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.