Eagle Strategies LLC Decreases Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Eagle Strategies LLC trimmed its holdings in iShares Gold Trust (NYSEARCA:IAU) by 3.4% during the third quarter, HoldingsChannel reports. The firm owned 61,166 shares of the exchange traded fund’s stock after selling 2,140 shares during the period. Eagle Strategies LLC’s holdings in iShares Gold Trust were worth $3,040,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. TCP Asset Management LLC lifted its stake in iShares Gold Trust by 3.0% in the 3rd 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 in the last quarter. Howard Financial Services LTD. raised its position in shares of iShares Gold Trust by 2.9% during the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock valued at $386,000 after buying an additional 220 shares during the period. Financial Sense Advisors Inc. raised its position in shares of iShares Gold Trust by 0.4% during the 1st quarter. Financial Sense Advisors Inc. now owns 65,609 shares of the exchange traded fund’s stock valued at $2,756,000 after buying an additional 230 shares during the period. Avaii Wealth Management LLC raised its position in shares of iShares Gold Trust by 1.7% during the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock valued at $736,000 after buying an additional 249 shares during the period. Finally, EP Wealth Advisors LLC raised its position in shares of iShares Gold Trust by 1.4% during the 1st quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock valued at $783,000 after buying an additional 262 shares during the period. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

Shares of NYSEARCA IAU opened at $52.36 on Wednesday. iShares Gold Trust has a 52-week low of $36.57 and a 52-week high of $52.40. The business’s 50 day moving average is $49.28 and its two-hundred day moving average is $46.38.

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.