iShares Gold Trust $IAU Shares Sold by Patriot Investment Management Group Inc.

Patriot Investment Management Group Inc. lessened its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 15.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 51,839 shares of the exchange traded fund’s stock after selling 9,358 shares during the quarter. Patriot Investment Management Group Inc.’s holdings in iShares Gold Trust were worth $3,772,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Brighton Jones LLC purchased a new position in iShares Gold Trust in the fourth quarter valued at $1,864,000. Bison Wealth LLC boosted its holdings in iShares Gold Trust by 78.5% in the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock valued at $831,000 after purchasing an additional 7,379 shares in the last quarter. Ieq Capital LLC increased its stake in iShares Gold Trust by 607.2% in the first quarter. Ieq Capital LLC now owns 621,735 shares of the exchange traded fund’s stock valued at $36,657,000 after purchasing an additional 533,821 shares during the last quarter. CreativeOne Wealth LLC raised its holdings in iShares Gold Trust by 75.1% during the first quarter. CreativeOne Wealth LLC now owns 263,265 shares of the exchange traded fund’s stock worth $15,522,000 after purchasing an additional 112,911 shares in the last quarter. Finally, Triad Wealth Partners LLC raised its stake in iShares Gold Trust by 101.7% during the 1st quarter. Triad Wealth Partners LLC now owns 65,544 shares of the exchange traded fund’s stock worth $3,864,000 after acquiring an additional 33,041 shares in the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

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iShares Gold Trust Price Performance

NYSEARCA IAU opened at $84.34 on Thursday. The company has a fifty day moving average of $78.48 and a two-hundred day moving average of $70.41. The company has a market capitalization of $69.50 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 1 year low of $49.00 and a 1 year high of $84.71.

About iShares Gold Trust

(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).

See Also

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

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