iShares Gold Trust $IAU Shares Sold by Strategic Point Investment Advisors LLC

Strategic Point Investment Advisors LLC trimmed its stake in iShares Gold Trust (NYSEARCA:IAU) by 1.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 527,334 shares of the exchange traded fund’s stock after selling 5,847 shares during the quarter. iShares Gold Trust makes up 5.1% of Strategic Point Investment Advisors LLC’s portfolio, making the stock its 7th biggest holding. Strategic Point Investment Advisors LLC owned approximately 0.07% of iShares Gold Trust worth $32,885,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC grew its position in shares of iShares Gold Trust by 17.6% in the first quarter. GAMMA Investing LLC now owns 1,635 shares of the exchange traded fund’s stock valued at $96,000 after purchasing an additional 245 shares during the period. Flagship Harbor Advisors LLC purchased a new stake in shares of iShares Gold Trust in the first quarter valued at $267,000. Kingswood Wealth Advisors LLC grew its position in shares of iShares Gold Trust by 192.1% in the first quarter. Kingswood Wealth Advisors LLC now owns 90,783 shares of the exchange traded fund’s stock valued at $5,344,000 after purchasing an additional 59,706 shares during the period. McAdam LLC grew its position in shares of iShares Gold Trust by 4.6% in the second quarter. McAdam LLC now owns 7,687 shares of the exchange traded fund’s stock valued at $479,000 after purchasing an additional 341 shares during the period. Finally, Summit Financial LLC grew its position in shares of iShares Gold Trust by 232.6% in the first quarter. Summit Financial LLC now owns 279,758 shares of the exchange traded fund’s stock valued at $16,495,000 after purchasing an additional 195,640 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 1.0%

Shares of NYSEARCA:IAU opened at $75.58 on Friday. The company has a market cap of $62.36 billion, a P/E ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 52 week low of $48.29 and a 52 week high of $76.49. The business has a fifty day simple moving average of $67.72 and a 200-day simple moving average of $64.02.

iShares Gold Trust Company 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.