Boston Financial Mangement LLC decreased its position in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 0.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 94,542 shares of the exchange traded fund’s stock after selling 200 shares during the period. Boston Financial Mangement LLC’s holdings in iShares Gold Trust were worth $4,681,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the company. Trilogy Capital Inc. bought a new stake in shares of iShares Gold Trust in the third quarter worth about $214,000. Telos Capital Management Inc. acquired a new position in shares of iShares Gold Trust in the 3rd quarter valued at approximately $227,000. Sequoia Financial Advisors LLC increased its stake in iShares Gold Trust by 36.9% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 11,184 shares of the exchange traded fund’s stock worth $556,000 after purchasing an additional 3,015 shares in the last quarter. Signaturefd LLC raised its holdings in iShares Gold Trust by 11.9% during the 3rd quarter. Signaturefd LLC now owns 22,264 shares of the exchange traded fund’s stock worth $1,107,000 after buying an additional 2,362 shares during the period. Finally, Eastern Bank acquired a new stake in iShares Gold Trust during the 3rd quarter worth approximately $1,565,000. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Trading Up 0.1 %
iShares Gold Trust stock opened at $55.42 on Thursday. iShares Gold Trust has a twelve month low of $38.21 and a twelve month high of $55.49. The company has a 50 day moving average of $51.46 and a 200-day moving average of $49.98.
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.
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