Carrera Capital Advisors Has $245,000 Stake in iShares Gold Trust (NYSEARCA:IAU)

Carrera Capital Advisors decreased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 14.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,163 shares of the exchange traded fund’s stock after selling 715 shares during the quarter. Carrera Capital Advisors’ holdings in iShares Gold Trust were worth $245,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. LPL Financial LLC grew its position in shares of iShares Gold Trust by 29.6% during the 1st quarter. LPL Financial LLC now owns 11,182,842 shares of the exchange traded fund’s stock worth $659,340,000 after buying an additional 2,552,405 shares during the period. Semus Wealth Partners LLC acquired a new stake in shares of iShares Gold Trust during the 1st quarter worth approximately $308,000. Bedel Financial Consulting Inc. acquired a new stake in shares of iShares Gold Trust during the 1st quarter worth approximately $222,000. Spectrum Wealth Counsel LLC grew its position in iShares Gold Trust by 798.3% in the 1st quarter. Spectrum Wealth Counsel LLC now owns 209,790 shares of the exchange traded fund’s stock valued at $12,369,000 after purchasing an additional 186,436 shares during the period. Finally, Investment Management Corp VA ADV acquired a new stake in iShares Gold Trust in the 1st quarter valued at $861,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 1.0%

NYSEARCA IAU opened at $62.91 on Monday. The company has a fifty day simple moving average of $63.02 and a 200 day simple moving average of $59.07. iShares Gold Trust has a 12-month low of $44.77 and a 12-month high of $65.00. The company has a market cap of $47.85 billion, a P/E ratio of 5.53 and a beta of 0.15.

iShares Gold Trust Company 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.