Naviter Wealth LLC Sells 22,966 Shares of iShares Gold Trust (NYSEARCA:IAU)

Naviter Wealth LLC lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 70.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,461 shares of the exchange traded fund’s stock after selling 22,966 shares during the period. Naviter Wealth LLC’s holdings in iShares Gold Trust were worth $397,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of IAU. ORG Partners LLC bought a new stake in shares of iShares Gold Trust during the fourth quarter valued at approximately $28,000. Private Ocean LLC bought a new stake in shares of iShares Gold Trust during the first quarter valued at approximately $29,000. Pingora Partners LLC bought a new stake in shares of iShares Gold Trust during the fourth quarter valued at approximately $31,000. Signature Resources Capital Management LLC bought a new stake in iShares Gold Trust in the fourth quarter worth $32,000. Finally, Chilton Capital Management LLC increased its position in iShares Gold Trust by 162.8% in the fourth quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 542 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.0 %

IAU traded down $0.02 during trading hours on Tuesday, hitting $44.05. The company’s stock had a trading volume of 4,598,526 shares, compared to its average volume of 6,366,629. The business’s 50-day moving average price is $44.18 and its 200-day moving average price is $41.53. iShares Gold Trust has a 12 month low of $34.35 and a 12 month high of $46.08.

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.