Yeomans Consulting Group Inc. Sells 32,724 Shares of iShares Gold Trust $IAU

Yeomans Consulting Group Inc. decreased its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 9.0% in the 4th quarter, Holdings Channel reports. The firm owned 331,438 shares of the exchange traded fund’s stock after selling 32,724 shares during the period. iShares Gold Trust accounts for about 7.9% of Yeomans Consulting Group Inc.’s investment portfolio, making the stock its 2nd biggest holding. Yeomans Consulting Group Inc.’s holdings in iShares Gold Trust were worth $26,903,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in IAU. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares Gold Trust during the third quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. purchased a new position in iShares Gold Trust during the third quarter worth about $29,000. Traub Capital Management LLC acquired a new stake in iShares Gold Trust in the second quarter valued at about $31,000. Fourth Dimension Wealth LLC increased its position in iShares Gold Trust by 436.3% during the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 349 shares during the period. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares Gold Trust in the 3rd quarter valued at approximately $31,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $84.70 on Friday. The business has a fifty day moving average of $93.65 and a two-hundred day moving average of $82.57. The company has a market cap of $71.52 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a one year low of $55.78 and a one year high of $104.40.

Key Stories Impacting iShares Gold Trust

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iShares Gold Trust 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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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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