Vicus Capital Lowers Position in iShares Gold Trust (NYSEARCA:IAU)

Vicus Capital decreased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 9.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,585 shares of the exchange traded fund’s stock after selling 4,129 shares during the period. Vicus Capital’s holdings in iShares Gold Trust were worth $2,275,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of IAU. Tucker Asset Management LLC increased its holdings in shares of iShares Gold Trust by 106.9% during the 4th quarter. Tucker Asset Management LLC now owns 509 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 263 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in iShares Gold Trust during the fourth quarter valued at about $28,000. Wintrust Investments LLC acquired a new stake in iShares Gold Trust during the fourth quarter worth about $29,000. Wood Tarver Financial Group LLC acquired a new stake in iShares Gold Trust during the fourth quarter worth about $31,000. Finally, Orion Capital Management LLC purchased a new position in shares of iShares Gold Trust in the 4th quarter worth about $33,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU opened at $63.80 on Tuesday. The stock has a 50-day simple moving average of $62.27 and a 200-day simple moving average of $56.38. The stock has a market capitalization of $46.96 billion, a P/E ratio of -38.57 and a beta of 0.12. iShares Gold Trust has a 1 year low of $43.35 and a 1 year high of $65.00.

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.