iShares Gold Trust $IAU Position Lowered by United Asset Strategies Inc.

United Asset Strategies Inc. lessened its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 28.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,445 shares of the exchange traded fund’s stock after selling 8,643 shares during the period. United Asset Strategies Inc.’s holdings in iShares Gold Trust were worth $1,337,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Wealth Quarterback LLC raised its holdings in shares of iShares Gold Trust by 46.7% during the second quarter. Wealth Quarterback LLC now owns 70,746 shares of the exchange traded fund’s stock worth $4,412,000 after purchasing an additional 22,520 shares during the period. SBI Securities Co. Ltd. grew its position in shares of iShares Gold Trust by 3.0% during the 2nd quarter. SBI Securities Co. Ltd. now owns 112,313 shares of the exchange traded fund’s stock valued at $7,004,000 after buying an additional 3,249 shares during the last quarter. Advyzon Investment Management LLC raised its stake in iShares Gold Trust by 72.3% during the second quarter. Advyzon Investment Management LLC now owns 19,709 shares of the exchange traded fund’s stock worth $1,229,000 after acquiring an additional 8,268 shares during the period. Fund Evaluation Group LLC bought a new position in iShares Gold Trust in the second quarter worth about $255,000. Finally, Ibex Wealth Advisors acquired a new position in iShares Gold Trust in the second quarter valued at approximately $1,109,000. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Up 1.6%

NYSEARCA:IAU opened at $79.04 on Thursday. The stock has a 50 day moving average of $73.78 and a 200-day moving average of $66.79. The firm has a market capitalization of $65.14 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52 week low of $48.29 and a 52 week high of $82.55.

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.