Global Retirement Partners LLC reduced its position in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 2.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,880 shares of the exchange traded fund’s stock after selling 817 shares during the period. Global Retirement Partners LLC’s holdings in iShares Gold Trust were worth $1,336,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Private Ocean LLC acquired a new position in shares of iShares Gold Trust during the first quarter worth $29,000. Global Trust Asset Management LLC lifted its position in shares of iShares Gold Trust by 250.0% during the second quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 500 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Gold Trust during the second quarter worth $31,000. Opal Wealth Advisors LLC acquired a new position in shares of iShares Gold Trust during the second quarter worth $34,000. Finally, Pacifica Partners Inc. bought a new stake in shares of iShares Gold Trust in the second quarter worth $35,000. 59.67% of the stock is owned by institutional investors and hedge funds.
iShares Gold Trust Stock Performance
Shares of NYSEARCA:IAU opened at $51.37 on Friday. The company has a fifty day simple moving average of $48.59 and a 200 day simple moving average of $45.99. iShares Gold Trust has a 12-month low of $36.57 and a 12-month high of $51.41.
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.
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