Carl Stuart Investment Advisor Inc. Has $30.94 Million Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Carl Stuart Investment Advisor Inc. reduced its position in iShares Gold Trust (NYSEARCA:IAU) by 0.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 622,549 shares of the exchange traded fund’s stock after selling 207 shares during the quarter. iShares Gold Trust makes up 17.4% of Carl Stuart Investment Advisor Inc.’s portfolio, making the stock its 2nd largest holding. Carl Stuart Investment Advisor Inc. owned approximately 0.10% of iShares Gold Trust worth $30,941,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Private Ocean LLC acquired a new stake in shares of iShares Gold Trust in the first quarter valued at $29,000. Global Trust Asset Management LLC increased its position in iShares Gold Trust by 250.0% in 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 during the period. 1620 Investment Advisors Inc. acquired a new stake in iShares Gold Trust in the second quarter worth about $31,000. Opal Wealth Advisors LLC acquired a new stake in iShares Gold Trust in the second quarter worth about $34,000. Finally, Pacifica Partners Inc. acquired a new stake in iShares Gold Trust in the second quarter worth about $35,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

IAU stock traded up $0.10 during midday trading on Monday, reaching $51.47. The stock had a trading volume of 3,978,666 shares, compared to its average volume of 5,947,060. The business has a fifty day simple moving average of $48.59 and a two-hundred day simple moving average of $46.01. iShares Gold Trust has a twelve month low of $36.57 and a twelve month high of $51.76.

iShares Gold Trust Company 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.