Fermata Advisors LLC Trims Holdings in iShares Gold Trust (NYSEARCA:IAU)

Fermata Advisors LLC cut its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 137,983 shares of the exchange traded fund’s stock after selling 1,706 shares during the quarter. iShares Gold Trust makes up 1.4% of Fermata Advisors LLC’s investment portfolio, making the stock its 18th largest position. Fermata Advisors LLC’s holdings in iShares Gold Trust were worth $6,062,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IAU. Financial Sense Advisors Inc. lifted its stake in shares of iShares Gold Trust by 0.4% in the 1st quarter. Financial Sense Advisors Inc. now owns 65,609 shares of the exchange traded fund’s stock valued at $2,756,000 after purchasing an additional 230 shares in the last quarter. Pettinga Financial Advisors LLC raised its stake in iShares Gold Trust by 2.5% during the first quarter. Pettinga Financial Advisors LLC now owns 10,225 shares of the exchange traded fund’s stock valued at $430,000 after buying an additional 245 shares in the last quarter. Spire Wealth Management increased its stake in iShares Gold Trust by 1.2% during the first quarter. Spire Wealth Management now owns 21,289 shares of the exchange traded fund’s stock valued at $894,000 after purchasing an additional 257 shares during the last quarter. EP Wealth Advisors LLC grew its position in shares of iShares Gold Trust by 1.4% during the 1st quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock valued at $783,000 after buying an additional 262 shares during the last quarter. Finally, W.G. Shaheen & Associates DBA Whitney & Co boosted its stake in iShares Gold Trust by 2.0% in the fourth quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 13,853 shares of the exchange traded fund’s stock valued at $541,000 after acquiring an additional 277 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA IAU traded up $0.12 during trading hours on Friday, hitting $45.89. The company had a trading volume of 4,178,505 shares, compared to its average volume of 6,363,738. The business has a fifty day simple moving average of $44.79 and a 200-day simple moving average of $42.85. iShares Gold Trust has a fifty-two week low of $34.35 and a fifty-two week high of $46.93.

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.