iShares Gold Trust (NYSEARCA:IAU) Shares Sold by W.G. Shaheen & Associates DBA Whitney & Co

W.G. Shaheen & Associates DBA Whitney & Co trimmed its holdings in iShares Gold Trust (NYSEARCA:IAU) by 19.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,037 shares of the exchange traded fund’s stock after selling 2,709 shares during the quarter. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in iShares Gold Trust were worth $546,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IAU. Compass Financial Services Inc purchased a new stake in shares of iShares Gold Trust in the fourth quarter valued at about $27,000. Archer Investment Corp lifted its position in iShares Gold Trust by 813.8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 529 shares during the period. Financial Life Planners purchased a new position in shares of iShares Gold Trust in the 4th quarter valued at approximately $33,000. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Gold Trust in the fourth quarter valued at approximately $40,000. Finally, Valued Wealth Advisors LLC raised its stake in shares of iShares Gold Trust by 65.7% during the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 333 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

Shares of IAU opened at $55.39 on Monday. iShares Gold Trust has a 1 year low of $38.21 and a 1 year high of $55.60. The company’s fifty day moving average is $51.75 and its two-hundred day moving average is $50.20.

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.