Tsfg LLC Has $5.50 Million Stake in iShares Gold Trust $IAU

Tsfg LLC lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 49.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 72,894 shares of the exchange traded fund’s stock after selling 71,156 shares during the quarter. Tsfg LLC’s holdings in iShares Gold Trust were worth $5,504,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Wills Financial Group LLC boosted its stake in iShares Gold Trust by 9.8% during the 4th quarter. Wills Financial Group LLC now owns 147,134 shares of the exchange traded fund’s stock worth $11,943,000 after acquiring an additional 13,093 shares during the last quarter. Wealth Care LLC bought a new stake in iShares Gold Trust in the first quarter valued at approximately $9,270,000. Greykasell Wealth Strategies Inc. raised its holdings in iShares Gold Trust by 1,107.5% in the fourth quarter. Greykasell Wealth Strategies Inc. now owns 10,240 shares of the exchange traded fund’s stock worth $831,000 after purchasing an additional 9,392 shares during the period. Acorn Financial Advisory Services Inc. ADV raised its holdings in iShares Gold Trust by 3.1% in the first quarter. Acorn Financial Advisory Services Inc. ADV now owns 483,758 shares of the exchange traded fund’s stock worth $42,648,000 after purchasing an additional 14,344 shares during the period. Finally, Outlook Wealth Advisors LLC boosted its position in shares of iShares Gold Trust by 48.7% during the fourth quarter. Outlook Wealth Advisors LLC now owns 24,046 shares of the exchange traded fund’s stock worth $1,952,000 after purchasing an additional 7,876 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust News Roundup

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Stock Down 2.8%

Shares of NYSEARCA IAU opened at $81.35 on Wednesday. iShares Gold Trust has a twelve month low of $65.56 and a twelve month high of $104.40. The stock has a market cap of $67.19 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18. The company’s fifty day moving average is $79.27 and its 200-day moving average is $85.11.

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).

Further Reading

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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