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

Advisory Alpha LLC trimmed its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 4.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 49,756 shares of the exchange traded fund’s stock after selling 2,310 shares during the quarter. Advisory Alpha LLC’s holdings in iShares Gold Trust were worth $2,463,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. JPMorgan Chase & Co. raised its position in iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after purchasing an additional 981,362 shares during the period. Independent Family Office LLC boosted its holdings in iShares Gold Trust by 4.1% in the 3rd quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock worth $21,155,000 after acquiring an additional 16,827 shares during the period. Silverleafe Capital Partners LLC grew its position in iShares Gold Trust by 0.4% in the fourth quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock valued at $9,329,000 after acquiring an additional 689 shares in the last quarter. Merit Financial Group LLC raised its stake in shares of iShares Gold Trust by 177.6% during the fourth quarter. Merit Financial Group LLC now owns 51,538 shares of the exchange traded fund’s stock valued at $2,552,000 after purchasing an additional 32,975 shares during the period. Finally, 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. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $51.75 on Wednesday. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $52.69. The firm has a fifty day simple moving average of $49.90 and a 200-day simple moving average of $48.81.

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.