International Private Wealth Advisors LLC Sells 706 Shares of iShares Gold Trust (NYSEARCA:IAU)

International Private Wealth Advisors LLC lowered its position in iShares Gold Trust (NYSEARCA:IAU) by 14.5% in the 4th quarter, Holdings Channel reports. The fund owned 4,161 shares of the exchange traded fund’s stock after selling 706 shares during the quarter. International Private Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $206,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. TCP Asset Management LLC grew its holdings in iShares Gold Trust by 3.0% in the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after purchasing an additional 195 shares during the period. Riggs Asset Managment Co. Inc. increased its position in iShares Gold Trust by 1.2% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock valued at $850,000 after buying an additional 212 shares in the last quarter. Baker Avenue Asset Management LP raised its stake in iShares Gold Trust by 2.9% during the third quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock valued at $374,000 after buying an additional 215 shares during the last quarter. SeaCrest Wealth Management LLC boosted its holdings in iShares Gold Trust by 2.7% in the fourth quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 215 shares in the last quarter. Finally, Avaii Wealth Management LLC grew its stake in shares of iShares Gold Trust by 1.7% in the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after acquiring an additional 249 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 1.7 %

IAU opened at $54.88 on Tuesday. The stock has a 50-day moving average price of $50.78 and a 200-day moving average price of $49.52. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $54.95.

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.