iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Liberty Wealth Management LLC

Liberty Wealth Management LLC reduced its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 5.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,549 shares of the exchange traded fund’s stock after selling 375 shares during the period. Liberty Wealth Management LLC’s holdings in iShares Gold Trust were worth $288,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Financial Sense Advisors Inc. lifted its position in 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 worth $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% in the first quarter. Pettinga Financial Advisors LLC now owns 10,225 shares of the exchange traded fund’s stock worth $430,000 after acquiring an additional 245 shares during the last quarter. Spire Wealth Management grew its holdings in iShares Gold Trust by 1.2% in the first quarter. Spire Wealth Management now owns 21,289 shares of the exchange traded fund’s stock valued at $894,000 after purchasing an additional 257 shares during the period. EP Wealth Advisors LLC increased its position in iShares Gold Trust by 1.4% during the first quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock worth $783,000 after purchasing an additional 262 shares during the last quarter. Finally, W.G. Shaheen & Associates DBA Whitney & Co boosted its holdings in shares of iShares Gold Trust by 2.0% in the 4th 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 purchasing an additional 277 shares during the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Performance

IAU stock opened at $47.35 on Tuesday. The business has a fifty day simple moving average of $46.14 and a 200-day simple moving average of $44.20. iShares Gold Trust has a 52 week low of $34.35 and a 52 week high of $47.83.

About iShares Gold Trust

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.