Carrera Capital Advisors Lowers Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Carrera Capital Advisors reduced its holdings in iShares Gold Trust (NYSEARCA:IAU) by 5.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,878 shares of the exchange traded fund’s stock after selling 283 shares during the quarter. Carrera Capital Advisors’ holdings in iShares Gold Trust were worth $242,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in IAU. TCP Asset Management LLC increased its position in shares of iShares Gold Trust by 3.0% in the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after acquiring an additional 195 shares in the last quarter. Baker Avenue Asset Management LP raised its position in iShares Gold Trust by 2.9% in the third quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock valued at $374,000 after purchasing an additional 215 shares during the period. Howard Financial Services LTD. lifted its stake in shares of iShares Gold Trust by 2.9% during the third quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 220 shares in the last quarter. Avaii Wealth Management LLC boosted its position in shares of iShares Gold Trust by 1.7% in the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after buying an additional 249 shares during the period. Finally, EP Wealth Advisors LLC grew its stake in shares of iShares Gold Trust by 1.4% in the first 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 in the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU traded down $0.43 during mid-day trading on Tuesday, hitting $49.08. 2,571,865 shares of the company traded hands, compared to its average volume of 6,030,734. The firm’s 50 day simple moving average is $49.97 and its 200 day simple moving average is $46.80. iShares Gold Trust has a 52-week low of $36.57 and a 52-week high of $52.69.

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.