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

Fiduciary Financial Group LLC cut its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 91,876 shares of the exchange traded fund’s stock after selling 4,128 shares during the period. iShares Gold Trust makes up 1.0% of Fiduciary Financial Group LLC’s investment portfolio, making the stock its 22nd biggest holding. Fiduciary Financial Group LLC’s holdings in iShares Gold Trust were worth $4,665,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in IAU. Archer Investment Corp raised its stake in shares of iShares Gold Trust by 813.8% during the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 529 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in iShares Gold Trust by 127.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after buying an additional 635 shares during the last quarter. Global Trust Asset Management LLC lifted its stake in shares of iShares Gold Trust by 71.4% in the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after acquiring an additional 500 shares during the period. McIlrath & Eck LLC lifted its stake in shares of iShares Gold Trust by 34.3% in the 3rd quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after acquiring an additional 341 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in shares of iShares Gold Trust by 158.7% in the third quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock valued at $72,000 after acquiring an additional 887 shares in the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

NYSEARCA IAU opened at $50.53 on Wednesday. iShares Gold Trust has a 52-week low of $37.53 and a 52-week high of $52.69. The firm has a 50-day moving average price of $49.85 and a 200 day moving average price of $48.62.

About iShares Gold Trust

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.