iShares Gold Trust (NYSEARCA:IAU) is Graham Capital Wealth Management LLC’s 2nd Largest Position

Graham Capital Wealth Management LLC decreased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 64.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 111,582 shares of the exchange traded fund’s stock after selling 199,522 shares during the quarter. iShares Gold Trust comprises about 5.1% of Graham Capital Wealth Management LLC’s portfolio, making the stock its 2nd biggest holding. Graham Capital Wealth Management LLC’s holdings in iShares Gold Trust were worth $5,524,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of IAU. Archer Investment Corp grew its holdings in shares of iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 529 shares during the period. Valued Wealth Advisors LLC grew its holdings in shares of iShares Gold Trust by 65.7% in the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 333 shares during the period. Independence Bank of Kentucky purchased a new stake in shares of iShares Gold Trust in the fourth quarter valued at about $52,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of iShares Gold Trust by 127.0% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 635 shares during the period. Finally, Global Trust Asset Management LLC grew its holdings in shares of iShares Gold Trust by 71.4% in the third quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $60,000 after purchasing an additional 500 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU opened at $52.87 on Monday. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $53.18. The firm has a 50-day moving average price of $50.39 and a 200 day moving average price of $49.23.

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.