WBH Advisory Inc. reduced its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 1.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 49,581 shares of the exchange traded fund’s stock after selling 532 shares during the period. WBH Advisory Inc.’s holdings in iShares Gold Trust were worth $1,804,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of the stock. Financial Management Professionals Inc. increased its stake in iShares Gold Trust by 873.5% in the 2nd quarter. Financial Management Professionals Inc. now owns 808 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 725 shares during the last quarter. Financial Freedom LLC bought a new stake in iShares Gold Trust in the fourth quarter worth $30,000. Barrett & Company Inc. purchased a new stake in iShares Gold Trust during the first quarter valued at $37,000. SJS Investment Consulting Inc. lifted its position in iShares Gold Trust by 42.1% during the first quarter. SJS Investment Consulting Inc. now owns 1,012 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 300 shares during the last quarter. Finally, Salem Investment Counselors Inc. grew its stake in shares of iShares Gold Trust by 191.8% in the 2nd quarter. Salem Investment Counselors Inc. now owns 1,103 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 725 shares in the last quarter. Hedge funds and other institutional investors own 58.45% of the company’s stock.
iShares Gold Trust Stock Up 0.0 %
Shares of NYSEARCA IAU traded up $0.01 during mid-day trading on Tuesday, hitting $36.63. 1,526,642 shares of the company’s stock traded hands, compared to its average volume of 4,805,069. iShares Gold Trust has a 1 year low of $30.69 and a 1 year high of $39.04. The company’s 50-day moving average is $36.60 and its two-hundred day moving average is $36.97.
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.
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