Silvia Mccoll Wealth Management LLC Sells 699 Shares of iShares Gold Trust $IAU

Silvia Mccoll Wealth Management LLC lessened its holdings in iShares Gold Trust (NYSEARCA:IAU) by 3.9% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,042 shares of the exchange traded fund’s stock after selling 699 shares during the period. Silvia Mccoll Wealth Management LLC’s holdings in iShares Gold Trust were worth $1,063,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IAU. Smallwood Wealth Investment Management LLC bought a new position in shares of iShares Gold Trust in the 1st quarter worth approximately $27,000. BankPlus Trust Department bought a new stake in iShares Gold Trust during the 1st quarter worth approximately $27,000. Dunhill Financial LLC raised its stake in iShares Gold Trust by 86.6% during the 1st quarter. Dunhill Financial LLC now owns 472 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 219 shares during the period. Garrison Bradford & Associates Inc. bought a new stake in iShares Gold Trust during the 1st quarter worth approximately $29,000. Finally, North Capital Inc. bought a new stake in iShares Gold Trust during the 1st quarter worth approximately $34,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.8%

NYSEARCA IAU opened at $73.22 on Friday. iShares Gold Trust has a 12 month low of $48.29 and a 12 month high of $73.43. The stock has a market cap of $59.82 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. The company’s 50 day moving average is $66.44 and its two-hundred day moving average is $63.39.

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.