Unique Wealth LLC Lowers Position in iShares Gold Trust $IAU

Unique Wealth LLC trimmed its holdings in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 30.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,606 shares of the exchange traded fund’s stock after selling 16,299 shares during the quarter. Unique Wealth LLC’s holdings in iShares Gold Trust were worth $3,315,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of IAU. Godfrey Financial Associates Inc. purchased a new position in iShares Gold Trust during the fourth quarter worth about $25,000. Rossby Financial LCC raised its stake in shares of iShares Gold Trust by 75.7% in the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 140 shares during the period. Monetary Solutions Ltd acquired a new position in shares of iShares Gold Trust in the 4th quarter worth approximately $26,000. Gables Capital Management Inc. lifted its holdings in shares of iShares Gold Trust by 173.1% in the 4th quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 225 shares during the last quarter. Finally, Motiv8 Investments LLC purchased a new position in shares of iShares Gold Trust during the 4th quarter worth approximately $29,000. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $75.71 on Friday. iShares Gold Trust has a fifty-two week low of $61.37 and a fifty-two week high of $104.40. The firm has a 50 day moving average price of $84.51 and a 200 day moving average price of $87.65. The company has a market capitalization of $64.46 billion, a PE ratio of 5.53 and a beta of 0.15.

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About iShares Gold Trust

(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).

See Also

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

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