Atria Investments Inc Has $11.04 Million Stock Holdings in iShares Gold Trust $IAU

Atria Investments Inc cut its holdings in iShares Gold Trust (NYSEARCA:IAU) by 41.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 177,005 shares of the exchange traded fund’s stock after selling 123,801 shares during the quarter. Atria Investments Inc’s holdings in iShares Gold Trust were worth $11,038,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Gold Trust by 63.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 17,575,718 shares of the exchange traded fund’s stock worth $1,036,264,000 after buying an additional 6,797,066 shares during the period. LPL Financial LLC lifted its position in iShares Gold Trust by 29.6% during the 1st quarter. LPL Financial LLC now owns 11,182,842 shares of the exchange traded fund’s stock worth $659,340,000 after acquiring an additional 2,552,405 shares during the last quarter. Mainstay Capital Management LLC ADV lifted its position in iShares Gold Trust by 12,087.3% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 1,329,143 shares of the exchange traded fund’s stock worth $82,885,000 after acquiring an additional 1,318,237 shares during the last quarter. Erste Asset Management GmbH acquired a new position in iShares Gold Trust during the 1st quarter worth $68,629,000. Finally, Charles Schwab Investment Management Inc. lifted its position in iShares Gold Trust by 1,357.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 981,332 shares of the exchange traded fund’s stock worth $57,859,000 after acquiring an additional 913,987 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

iShares Gold Trust stock opened at $75.79 on Friday. The firm has a market cap of $62.60 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a fifty-two week low of $48.29 and a fifty-two week high of $82.55. The firm has a fifty day moving average price of $71.76 and a two-hundred day moving average price of $65.91.

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.