iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Zhang Financial LLC

Zhang Financial LLC lessened its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 474,936 shares of the exchange traded fund’s stock after selling 5,638 shares during the quarter. iShares Gold Trust accounts for about 1.3% of Zhang Financial LLC’s holdings, making the stock its 16th biggest holding. Zhang Financial LLC owned approximately 0.07% of iShares Gold Trust worth $23,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of iShares Gold Trust by 9.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after buying an additional 981,362 shares during the period. Independent Family Office LLC increased its stake in iShares Gold Trust by 4.1% during the third quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock worth $21,155,000 after purchasing an additional 16,827 shares during the period. Silverleafe Capital Partners LLC lifted its position in shares of iShares Gold Trust by 0.4% during the fourth quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock worth $9,329,000 after purchasing an additional 689 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of iShares Gold Trust by 4,843.7% during the third quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock worth $11,632,000 after purchasing an additional 229,303 shares in the last quarter. Finally, Prospera Financial Services Inc boosted its stake in shares of iShares Gold Trust by 18.7% in the third quarter. Prospera Financial Services Inc now owns 44,531 shares of the exchange traded fund’s stock valued at $2,213,000 after purchasing an additional 7,001 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Down 0.5 %

Shares of IAU opened at $50.99 on Monday. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $52.69. The firm’s 50 day moving average price is $49.87 and its 200 day moving average price is $48.76.

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.