Beaird Harris Wealth Management LLC Sells 1,430 Shares of iShares Gold Trust (NYSEARCA:IAU)

Beaird Harris Wealth Management LLC lowered its position in iShares Gold Trust (NYSEARCA:IAU) by 37.4% during the fourth quarter, Holdings Channel reports. The firm owned 2,389 shares of the exchange traded fund’s stock after selling 1,430 shares during the period. Beaird Harris Wealth Management LLC’s holdings in iShares Gold Trust were worth $93,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. ORG Partners LLC acquired a new position in shares of iShares Gold Trust in the 4th quarter worth approximately $28,000. Pingora Partners LLC acquired a new position in shares of iShares Gold Trust in the 4th quarter worth approximately $31,000. Signature Resources Capital Management LLC acquired a new position in shares of iShares Gold Trust in the 4th quarter worth approximately $32,000. North Star Investment Management Corp. lifted its position in shares of iShares Gold Trust by 125.7% in the 4th quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 479 shares during the period. Finally, Chilton Capital Management LLC lifted its position in shares of iShares Gold Trust by 162.8% in the 4th quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 542 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 1.3 %

NYSEARCA IAU traded up $0.55 on Friday, hitting $44.08. 3,424,534 shares of the company were exchanged, compared to its average volume of 4,936,891. iShares Gold Trust has a 12 month low of $34.35 and a 12 month high of $46.08. The stock has a fifty day moving average of $44.33 and a 200-day moving average of $41.03.

iShares Gold Trust 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.