iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Cadinha & Co. LLC

Cadinha & Co. LLC trimmed its stake in iShares Gold Trust (NYSEARCA:IAU) by 87.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,882 shares of the exchange traded fund’s stock after selling 587,687 shares during the period. iShares Gold Trust makes up 0.7% of Cadinha & Co. LLC’s investment portfolio, making the stock its 26th largest holding. Cadinha & Co. LLC’s holdings in iShares Gold Trust were worth $4,302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its holdings in shares of iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after purchasing an additional 981,362 shares during the period. Independent Family Office LLC lifted its position in iShares Gold Trust by 4.1% in the third quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock valued at $21,155,000 after purchasing an additional 16,827 shares during the period. Silverleafe Capital Partners LLC raised its stake in shares of iShares Gold Trust by 0.4% during the 4th quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock worth $9,329,000 after buying an additional 689 shares in the last quarter. International Assets Investment Management LLC raised its position in iShares Gold Trust by 4,843.7% in the third quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock worth $11,632,000 after acquiring an additional 229,303 shares in the last quarter. Finally, Prospera Financial Services Inc lifted its holdings in iShares Gold Trust by 18.7% in the third quarter. Prospera Financial Services Inc now owns 44,531 shares of the exchange traded fund’s stock valued at $2,213,000 after acquiring an additional 7,001 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.5 %

NYSEARCA IAU opened at $50.99 on Friday. The business has a 50 day moving average price of $49.87 and a 200 day moving average price of $48.73. iShares Gold Trust has a 1-year low of $37.53 and a 1-year high of $52.69.

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.