World Investment Advisors Sells 13,899 Shares of iShares Gold Trust $IAU

World Investment Advisors lowered its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 7.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 172,856 shares of the exchange traded fund’s stock after selling 13,899 shares during the quarter. World Investment Advisors’ holdings in iShares Gold Trust were worth $15,239,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Schmidt P J Investment Management Inc. lifted its holdings in shares of iShares Gold Trust by 1.1% during the 4th quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock valued at $760,000 after buying an additional 106 shares during the period. Foster Group Inc. grew its holdings in shares of iShares Gold Trust by 2.4% in the fourth quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock worth $416,000 after acquiring an additional 120 shares during the period. Haverford Trust Co grew its holdings in shares of iShares Gold Trust by 3.4% in the fourth quarter. Haverford Trust Co now owns 3,617 shares of the exchange traded fund’s stock worth $294,000 after acquiring an additional 120 shares during the period. Brooks Moore & Associates Inc. increased its position in iShares Gold Trust by 2.1% during the fourth quarter. Brooks Moore & Associates Inc. now owns 6,076 shares of the exchange traded fund’s stock valued at $493,000 after acquiring an additional 125 shares during the last quarter. Finally, SmartHarvest Portfolios LLC increased its position in iShares Gold Trust by 2.0% during the first quarter. SmartHarvest Portfolios LLC now owns 6,485 shares of the exchange traded fund’s stock valued at $572,000 after acquiring an additional 129 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

Key Stories Impacting iShares Gold Trust

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $77.51 on Friday. The firm’s 50 day moving average price is $82.89 and its 200-day moving average price is $87.46. iShares Gold Trust has a twelve month low of $61.60 and a twelve month high of $104.40. The stock has a market capitalization of $64.02 billion, a PE ratio of 5.53 and a beta of 0.18.

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).

See Also

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

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