Stableford Capital II LLC Sells 1,787 Shares of iShares Gold Trust (NYSEARCA:IAU)

Stableford Capital II LLC reduced its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 99,560 shares of the exchange traded fund’s stock after selling 1,787 shares during the quarter. iShares Gold Trust accounts for 1.9% of Stableford Capital II LLC’s portfolio, making the stock its 14th biggest holding. Stableford Capital II LLC’s holdings in iShares Gold Trust were worth $4,929,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Archer Investment Corp grew its position in iShares Gold Trust by 813.8% during the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 529 shares during the period. Valued Wealth Advisors LLC boosted its stake in shares of iShares Gold Trust by 65.7% during the 4th quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 333 shares during the last quarter. Independence Bank of Kentucky bought a new stake in shares of iShares Gold Trust during the 4th quarter valued at $52,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of iShares Gold Trust by 127.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 635 shares in the last quarter. Finally, Global Trust Asset Management LLC raised its holdings in iShares Gold Trust by 71.4% in the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 500 shares during the period. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $52.87 on Friday. The stock has a 50-day simple moving average of $50.39 and a two-hundred day simple moving average of $49.20. iShares Gold Trust has a 52-week low of $37.53 and a 52-week high of $53.18.

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.