Guidance Capital Inc. Sells 13,603 Shares of iShares Gold Trust (NYSEARCA:IAU)

Guidance Capital Inc. lowered its position in iShares Gold Trust (NYSEARCA:IAU) by 29.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,781 shares of the exchange traded fund’s stock after selling 13,603 shares during the quarter. Guidance Capital Inc.’s holdings in iShares Gold Trust were worth $1,479,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Redhawk Wealth Advisors Inc. lifted its holdings in iShares Gold Trust by 2.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 11,390 shares of the exchange traded fund’s stock worth $445,000 after acquiring an additional 262 shares in the last quarter. W.G. Shaheen & Associates DBA Whitney & Co lifted its holdings in iShares Gold Trust by 2.0% during the fourth quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 13,853 shares of the exchange traded fund’s stock worth $541,000 after acquiring an additional 277 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in iShares Gold Trust by 10.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 3,050 shares of the exchange traded fund’s stock worth $119,000 after acquiring an additional 282 shares in the last quarter. First Financial Corp IN lifted its holdings in iShares Gold Trust by 19.9% during the fourth quarter. First Financial Corp IN now owns 1,715 shares of the exchange traded fund’s stock worth $67,000 after acquiring an additional 285 shares in the last quarter. Finally, West Branch Capital LLC lifted its holdings in shares of iShares Gold Trust by 5.7% in the fourth quarter. West Branch Capital LLC now owns 5,285 shares of the exchange traded fund’s stock valued at $206,000 after purchasing an additional 285 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of iShares Gold Trust stock traded down $0.03 during trading on Friday, reaching $43.93. The stock had a trading volume of 2,696,042 shares, compared to its average volume of 4,214,622. The stock has a fifty day moving average price of $44.18 and a two-hundred day moving average price of $41.43. iShares Gold Trust has a 52 week low of $34.35 and a 52 week high of $46.08.

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.