Parkside Investments LLC Sells 2,544 Shares of iShares Gold Trust (NYSEARCA:IAU)

Parkside Investments LLC lessened its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 222,537 shares of the exchange traded fund’s stock after selling 2,544 shares during the period. iShares Gold Trust comprises approximately 1.7% of Parkside Investments LLC’s investment portfolio, making the stock its 20th largest holding. Parkside Investments LLC’s holdings in iShares Gold Trust were worth $11,018,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Archer Investment Corp increased its position in shares of iShares Gold Trust by 813.8% during the 3rd 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. increased its holdings in iShares Gold Trust by 127.0% during the third 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 raised its position in iShares Gold Trust by 71.4% during the third 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 in the last quarter. Raleigh Capital Management Inc. lifted its stake in iShares Gold Trust by 15,750.0% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock valued at $63,000 after acquiring an additional 1,260 shares during the last quarter. Finally, McIlrath & Eck LLC grew its position 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 valued at $66,000 after acquiring an additional 341 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $52.31 on Monday. The company’s 50-day moving average is $50.17 and its 200-day moving average is $48.98. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $52.69.

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.