iShares Gold Trust $IAU Shares Sold by Wealthstar Advisors LLC

Wealthstar Advisors LLC lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 35.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,435 shares of the exchange traded fund’s stock after selling 7,782 shares during the quarter. Wealthstar Advisors LLC’s holdings in iShares Gold Trust were worth $1,172,000 at the end of the most recent quarter.

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

Key Headlines Impacting iShares Gold Trust

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iShares Gold Trust Stock Performance

IAU opened at $88.07 on Tuesday. The firm has a 50 day moving average price of $91.41 and a 200 day moving average price of $85.92. The company has a market cap of $74.98 billion, a PE ratio of 5.53 and a beta of 0.20. iShares Gold Trust has a 1 year low of $59.71 and a 1 year high of $104.40.

iShares Gold Trust Company Profile

(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).

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

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