Equitable Trust Co. Sells 128,046 Shares of iShares Gold Trust $IAU

Equitable Trust Co. decreased its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,751,253 shares of the exchange traded fund’s stock after selling 128,046 shares during the quarter. iShares Gold Trust makes up 6.3% of Equitable Trust Co.’s portfolio, making the stock its 2nd biggest position. Equitable Trust Co.’s holdings in iShares Gold Trust were worth $142,149,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of IAU. First Horizon Corp acquired a new stake in iShares Gold Trust during the third quarter valued at approximately $1,863,000. Strategic Blueprint LLC raised its stake in iShares Gold Trust by 30.2% during the third quarter. Strategic Blueprint LLC now owns 136,931 shares of the exchange traded fund’s stock valued at $9,964,000 after buying an additional 31,746 shares in the last quarter. MA Private Wealth raised its stake in iShares Gold Trust by 10.3% during the third quarter. MA Private Wealth now owns 157,758 shares of the exchange traded fund’s stock valued at $11,480,000 after buying an additional 14,705 shares in the last quarter. Copperleaf Capital LLC raised its stake in iShares Gold Trust by 363.2% during the third quarter. Copperleaf Capital LLC now owns 47,867 shares of the exchange traded fund’s stock valued at $3,483,000 after buying an additional 37,533 shares in the last quarter. Finally, Acorn Financial Advisory Services Inc. ADV raised its stake in iShares Gold Trust by 18.9% during the third quarter. Acorn Financial Advisory Services Inc. ADV now owns 450,443 shares of the exchange traded fund’s stock valued at $32,779,000 after buying an additional 71,599 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

Key Stories Impacting iShares Gold Trust

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Stock Up 0.8%

Shares of NYSEARCA IAU opened at $85.69 on Wednesday. The stock’s 50 day moving average price is $90.79 and its two-hundred day moving average price is $86.17. iShares Gold Trust has a 52-week low of $59.71 and a 52-week high of $104.40. The stock has a market capitalization of $72.95 billion, a P/E ratio of 5.53 and a beta of 0.16.

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).

Featured Articles

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.