iShares Gold Trust (NYSEARCA:IAU) Shares Sold by EP Wealth Advisors LLC

EP Wealth Advisors LLC reduced its position in iShares Gold Trust (NYSEARCA:IAU) by 7.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,700 shares of the exchange traded fund’s stock after selling 1,377 shares during the period. EP Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $830,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in iShares Gold Trust by 15.8% in the second quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock valued at $154,577,000 after acquiring an additional 479,796 shares in the last quarter. Independent Family Office LLC raised its stake in shares of iShares Gold Trust by 4.1% in the 3rd quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock valued at $21,155,000 after purchasing an additional 16,827 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of iShares Gold Trust by 4,843.7% during the third quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock worth $11,632,000 after purchasing an additional 229,303 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its position in shares of iShares Gold Trust by 2.1% during the second quarter. Prime Capital Investment Advisors LLC now owns 204,693 shares of the exchange traded fund’s stock worth $8,992,000 after purchasing an additional 4,189 shares during the last quarter. Finally, Prospera Financial Services Inc increased its holdings in iShares Gold Trust by 18.7% in the third quarter. Prospera Financial Services Inc now owns 44,531 shares of the exchange traded fund’s stock valued at $2,213,000 after buying an additional 7,001 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $50.83 on Wednesday. The stock’s 50 day moving average price is $50.38 and its two-hundred day moving average price is $47.54. iShares Gold Trust has a 52-week low of $37.40 and a 52-week high of $52.69.

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.