Fifth Third Securities Inc. Sells 4,779 Shares of iShares Gold Trust (NYSEARCA:IAU)

Fifth Third Securities Inc. reduced its stake in iShares Gold Trust (NYSEARCA:IAU) by 2.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 237,986 shares of the exchange traded fund’s stock after selling 4,779 shares during the quarter. iShares Gold Trust makes up 1.1% of Fifth Third Securities Inc.’s investment portfolio, making the stock its 19th largest holding. Fifth Third Securities Inc.’s holdings in iShares Gold Trust were worth $11,828,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the stock. Goldman Sachs Group Inc. boosted its holdings in iShares Gold Trust by 71.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 476,197 shares of the exchange traded fund’s stock worth $18,586,000 after purchasing an additional 198,034 shares during the last quarter. Fisher Asset Management LLC bought a new position in shares of iShares Gold Trust in the fourth quarter valued at approximately $357,000. Leo Wealth LLC purchased a new stake in shares of iShares Gold Trust during the fourth quarter valued at approximately $226,000. Appleton Partners Inc. MA lifted its holdings in iShares Gold Trust by 8.4% during the first quarter. Appleton Partners Inc. MA now owns 12,866 shares of the exchange traded fund’s stock worth $541,000 after acquiring an additional 997 shares during the period. Finally, Confluence Investment Management LLC purchased a new position in iShares Gold Trust in the first quarter worth $559,000. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU opened at $50.10 on Tuesday. iShares Gold Trust has a 1 year low of $36.25 and a 1 year high of $50.57. The business has a fifty day moving average price of $48.17 and a two-hundred day moving average price of $45.78.

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.