Financial & Tax Architects LLC Cuts Holdings in iShares Gold Trust (NYSEARCA:IAU)

Financial & Tax Architects LLC decreased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,933 shares of the exchange traded fund’s stock after selling 1,760 shares during the quarter. Financial & Tax Architects LLC’s holdings in iShares Gold Trust were worth $2,670,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Archer Investment Corp increased its holdings in shares of iShares Gold Trust by 813.8% in the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 529 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in iShares Gold Trust by 127.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after buying an additional 635 shares during the last quarter. Global Trust Asset Management LLC lifted its position in iShares Gold Trust by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after acquiring an additional 500 shares during the period. McIlrath & Eck LLC lifted its position in iShares Gold Trust by 34.3% during the 3rd quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after acquiring an additional 341 shares during the period. Finally, GAMMA Investing LLC lifted its position in iShares Gold Trust by 158.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock worth $72,000 after acquiring an additional 887 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.5 %

iShares Gold Trust stock traded down $0.26 during mid-day trading on Friday, reaching $50.99. 4,243,632 shares of the company were exchanged, compared to its average volume of 3,411,051. The firm’s 50-day simple moving average is $49.87 and its two-hundred day simple moving average is $48.70. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $52.69.

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.