Choreo LLC Sells 16,543 Shares of iShares Gold Trust (NYSEARCA:IAU)

Choreo LLC reduced its holdings in iShares Gold Trust (NYSEARCA:IAU) by 14.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 100,659 shares of the exchange traded fund’s stock after selling 16,543 shares during the quarter. Choreo LLC’s holdings in iShares Gold Trust were worth $4,982,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in IAU. Archer Investment Corp lifted its position in shares of iShares Gold Trust by 813.8% during 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 period. Financial Life Planners bought a new stake in iShares Gold Trust in the fourth quarter valued at $33,000. Valued Wealth Advisors LLC raised its holdings in shares of iShares Gold Trust by 65.7% during 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 bought a new position in shares of iShares Gold Trust during the 4th quarter worth about $52,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares Gold Trust by 127.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 635 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 0.6 %

Shares of iShares Gold Trust stock opened at $54.02 on Thursday. The business has a 50-day simple moving average of $50.54 and a 200 day simple moving average of $49.34. iShares Gold Trust has a one year low of $37.53 and a one year high of $54.40.

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.