Private Harbour Investment Management & Counsel LLC Sells 10,673 Shares of iShares Gold Trust $IAU

Private Harbour Investment Management & Counsel LLC lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 5.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 186,736 shares of the exchange traded fund’s stock after selling 10,673 shares during the period. iShares Gold Trust makes up approximately 14.1% of Private Harbour Investment Management & Counsel LLC’s investment portfolio, making the stock its largest position. Private Harbour Investment Management & Counsel LLC’s holdings in iShares Gold Trust were worth $13,589,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in IAU. Brighton Jones LLC purchased a new position in shares of iShares Gold Trust in the fourth quarter valued at approximately $1,864,000. Bison Wealth LLC increased its stake in iShares Gold Trust by 78.5% during the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after buying an additional 7,379 shares during the period. AQR Capital Management LLC increased its stake in iShares Gold Trust by 47.0% during the 1st quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock worth $1,588,000 after buying an additional 8,609 shares during the period. Secure Asset Management LLC acquired a new stake in iShares Gold Trust during the 2nd quarter worth approximately $311,000. Finally, Wedmont Private Capital boosted its position in iShares Gold Trust by 104.7% in the 2nd quarter. Wedmont Private Capital now owns 7,200 shares of the exchange traded fund’s stock valued at $450,000 after buying an additional 3,683 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

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iShares Gold Trust Trading Down 0.6%

Shares of NYSEARCA IAU opened at $86.71 on Friday. The stock has a market cap of $72.81 billion, a P/E ratio of 5.53 and a beta of 0.09. The business’s fifty day simple moving average is $80.82 and its 200-day simple moving average is $72.67. iShares Gold Trust has a 12-month low of $50.96 and a 12-month high of $87.43.

iShares Gold Trust Company Profile

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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