iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Financial & Tax Architects LLC

Financial & Tax Architects LLC cut its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 53,933 shares of the exchange traded fund’s stock after selling 1,760 shares during the quarter. Financial & Tax Architects LLC’s holdings in iShares Gold Trust were worth $2,670,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IAU. Archer Investment Corp raised its holdings in iShares Gold Trust by 813.8% during the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 529 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in iShares Gold Trust by 127.0% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 635 shares during the last quarter. Global Trust Asset Management LLC increased its position in iShares Gold Trust by 71.4% during the third quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 500 shares in the last quarter. McIlrath & Eck LLC increased its position in iShares Gold Trust by 34.3% during the third quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 341 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in iShares Gold Trust by 158.7% during the third quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock worth $72,000 after buying an additional 887 shares in the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

iShares Gold Trust stock traded down $0.26 during mid-day trading on Friday, hitting $50.99. 4,243,632 shares of the company were exchanged, compared to its average volume of 3,411,051. The business’s 50 day simple moving average is $49.87 and its two-hundred day simple moving average is $48.70. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $52.69.

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.