Comprehensive Money Management Services LLC Has $1.62 Million Holdings in iShares Gold Trust $IAU

Comprehensive Money Management Services LLC reduced its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 5.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,967 shares of the exchange traded fund’s stock after selling 1,506 shares during the quarter. iShares Gold Trust accounts for approximately 1.2% of Comprehensive Money Management Services LLC’s holdings, making the stock its 16th biggest position. Comprehensive Money Management Services LLC’s holdings in iShares Gold Trust were worth $1,619,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of IAU. Smallwood Wealth Investment Management LLC acquired a new position in iShares Gold Trust during the 1st quarter valued at $27,000. BankPlus Trust Department acquired a new position in iShares Gold Trust during the 1st quarter valued at $27,000. Dunhill Financial LLC raised its stake in iShares Gold Trust by 86.6% during the 1st quarter. Dunhill Financial LLC now owns 472 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 219 shares during the last quarter. Garrison Bradford & Associates Inc. acquired a new position in iShares Gold Trust during the 1st quarter valued at $29,000. Finally, North Capital Inc. acquired a new position in iShares Gold Trust during the 1st quarter valued at $34,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $75.58 on Friday. The stock has a market cap of $62.36 billion, a P/E ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a one year low of $48.29 and a one year high of $76.49. The company has a fifty day moving average price of $67.72 and a 200 day moving average price of $63.97.

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.