iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Bridgewealth Advisory Group LLC

Bridgewealth Advisory Group LLC lessened its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 30.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,744 shares of the exchange traded fund’s stock after selling 9,985 shares during the period. Bridgewealth Advisory Group LLC’s holdings in iShares Gold Trust were worth $955,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. ORG Partners LLC acquired a new stake in shares of iShares Gold Trust during the fourth quarter worth about $28,000. Private Ocean LLC purchased a new position in iShares Gold Trust during the 1st quarter worth approximately $29,000. Pingora Partners LLC acquired a new stake in iShares Gold Trust during the 4th quarter valued at approximately $31,000. Signature Resources Capital Management LLC purchased a new stake in shares of iShares Gold Trust in the 4th quarter valued at $32,000. Finally, Chilton Capital Management LLC boosted its holdings 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 valued at $34,000 after acquiring an additional 542 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.3 %

Shares of iShares Gold Trust stock traded up $0.13 during trading on Monday, hitting $44.06. 4,216,108 shares of the company’s stock were exchanged, compared to its average volume of 6,380,995. The business has a 50-day simple moving average of $44.18 and a 200-day simple moving average of $41.45. iShares Gold Trust has a 52-week low of $34.35 and a 52-week high of $46.08.

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.