Inscription Capital LLC Reduces Position in iShares Gold Trust (NYSEARCA:IAU)

Inscription Capital LLC trimmed its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 91,137 shares of the exchange traded fund’s stock after selling 266 shares during the quarter. iShares Gold Trust accounts for about 0.7% of Inscription Capital LLC’s investment portfolio, making the stock its 26th biggest position. Inscription Capital LLC’s holdings in iShares Gold Trust were worth $4,530,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Global Trust Asset Management LLC lifted its holdings in iShares Gold Trust by 250.0% during the 2nd quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 500 shares during the last quarter. 1620 Investment Advisors Inc. bought a new position in iShares Gold Trust during the second quarter worth $31,000. Opal Wealth Advisors LLC acquired a new position in iShares Gold Trust in the second quarter worth $34,000. Pacifica Partners Inc. bought a new stake in iShares Gold Trust during the second quarter valued at $35,000. Finally, Chris Bulman Inc acquired a new stake in shares of iShares Gold Trust during the second quarter worth $43,000. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Down 0.1 %

Shares of NYSEARCA:IAU traded down $0.04 on Monday, reaching $51.76. 414,141 shares of the company’s stock were exchanged, compared to its average volume of 5,895,380. iShares Gold Trust has a fifty-two week low of $36.57 and a fifty-two week high of $51.92. The business’s 50-day moving average is $49.09 and its two-hundred day moving average is $46.28.

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.