iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Blue Trust Inc.

Blue Trust Inc. cut its position in iShares Gold Trust (NYSEARCA:IAU) by 1.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 470,926 shares of the exchange traded fund’s stock after selling 5,547 shares during the period. Blue Trust Inc.’s holdings in iShares Gold Trust were worth $23,316,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Exchange Traded Concepts LLC acquired a new position in iShares Gold Trust during the third quarter worth $163,000. NBC Securities Inc. boosted its stake in iShares Gold Trust by 11.5% during the third quarter. NBC Securities Inc. now owns 6,083 shares of the exchange traded fund’s stock worth $302,000 after buying an additional 629 shares during the last quarter. SeaCrest Wealth Management LLC boosted its stake in iShares Gold Trust by 41.4% during the third quarter. SeaCrest Wealth Management LLC now owns 8,072 shares of the exchange traded fund’s stock worth $401,000 after buying an additional 2,363 shares during the last quarter. Naviter Wealth LLC boosted its stake in iShares Gold Trust by 31.0% during the third quarter. Naviter Wealth LLC now owns 30,579 shares of the exchange traded fund’s stock worth $1,520,000 after buying an additional 7,233 shares during the last quarter. Finally, Good Life Advisors LLC acquired a new position in iShares Gold Trust during the third quarter worth $436,000. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

NYSEARCA IAU opened at $54.46 on Friday. The stock’s fifty day moving average is $51.19 and its two-hundred day moving average is $49.74. iShares Gold Trust has a fifty-two week low of $37.76 and a fifty-two week high of $55.29.

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.