Aveo Capital Partners LLC Has $10.33 Million Stake in iShares Gold Trust (NYSEARCA:IAU)

Aveo Capital Partners LLC cut its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 9.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 235,039 shares of the exchange traded fund’s stock after selling 23,914 shares during the quarter. iShares Gold Trust makes up approximately 1.2% of Aveo Capital Partners LLC’s portfolio, making the stock its 21st biggest position. Aveo Capital Partners LLC’s holdings in iShares Gold Trust were worth $10,325,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Financial Sense Advisors Inc. boosted its holdings in iShares Gold Trust by 0.4% in the first quarter. Financial Sense Advisors Inc. now owns 65,609 shares of the exchange traded fund’s stock valued at $2,756,000 after acquiring an additional 230 shares during the last quarter. Pettinga Financial Advisors LLC boosted its stake in shares of iShares Gold Trust by 2.5% in the 1st quarter. Pettinga Financial Advisors LLC now owns 10,225 shares of the exchange traded fund’s stock valued at $430,000 after purchasing an additional 245 shares during the last quarter. Spire Wealth Management increased its position in shares of 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 worth $894,000 after buying an additional 257 shares during the period. EP Wealth Advisors LLC raised its stake in iShares Gold Trust by 1.4% during the first quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock worth $783,000 after buying an additional 262 shares during the last quarter. Finally, W.G. Shaheen & Associates DBA Whitney & Co lifted its holdings 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 buying an additional 277 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.4 %

Shares of IAU opened at $47.09 on Wednesday. The firm’s fifty day simple moving average is $45.87 and its two-hundred day simple moving average is $43.94. iShares Gold Trust has a 12 month low of $34.35 and a 12 month high of $47.83.

About iShares Gold Trust

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.