Blair William & Co. IL Sells 18,641 Shares of iShares Gold Trust $IAU

Blair William & Co. IL reduced its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 6.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 291,351 shares of the exchange traded fund’s stock after selling 18,641 shares during the period. Blair William & Co. IL’s holdings in iShares Gold Trust were worth $18,169,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. GAMMA Investing LLC boosted its position in iShares Gold Trust by 17.6% during the first quarter. GAMMA Investing LLC now owns 1,635 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 245 shares during the period. Flagship Harbor Advisors LLC bought a new stake in shares of iShares Gold Trust during the 1st quarter worth $267,000. Kingswood Wealth Advisors LLC boosted its holdings in shares of iShares Gold Trust by 192.1% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 90,783 shares of the exchange traded fund’s stock worth $5,344,000 after buying an additional 59,706 shares during the period. McAdam LLC grew its stake in iShares Gold Trust by 4.6% in the 2nd quarter. McAdam LLC now owns 7,687 shares of the exchange traded fund’s stock valued at $479,000 after buying an additional 341 shares during the last quarter. Finally, Summit Financial LLC raised its holdings in iShares Gold Trust by 232.6% in the 1st quarter. Summit Financial LLC now owns 279,758 shares of the exchange traded fund’s stock worth $16,495,000 after acquiring an additional 195,640 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

iShares Gold Trust stock opened at $75.58 on Friday. iShares Gold Trust has a fifty-two week low of $48.29 and a fifty-two week high of $76.49. The firm has a fifty day moving average price of $67.72 and a two-hundred day moving average price of $63.97. The firm has a market cap of $62.36 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15.

iShares Gold Trust 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.