First Command Advisory Services Inc. Sells 21,743 Shares of iShares Gold Trust (NYSEARCA:IAU)

First Command Advisory Services Inc. reduced its stake in iShares Gold Trust (NYSEARCA:IAU) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,378,187 shares of the exchange traded fund’s stock after selling 21,743 shares during the period. iShares Gold Trust makes up approximately 0.6% of First Command Advisory Services Inc.’s holdings, making the stock its 11th largest holding. First Command Advisory Services Inc.’s holdings in iShares Gold Trust were worth $68,234,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Compass Financial Services Inc bought a new stake in shares of iShares Gold Trust during the fourth quarter worth approximately $27,000. Archer Investment Corp raised 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 valued at $30,000 after acquiring an additional 529 shares during the last quarter. Financial Life Planners acquired a new position in shares of iShares Gold Trust in the 4th quarter valued at $33,000. Newbridge Financial Services Group Inc. bought a new position in shares of iShares Gold Trust in the 4th quarter worth $40,000. Finally, Valued Wealth Advisors LLC grew its stake in shares of iShares Gold Trust by 65.7% during the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 333 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Up 0.1 %

NYSEARCA IAU opened at $55.04 on Thursday. iShares Gold Trust has a 12 month low of $38.38 and a 12 month high of $55.70. The company has a market capitalization of $37.35 billion, a PE ratio of -33.32 and a beta of 0.20. The stock has a 50-day simple moving average of $52.08 and a 200 day simple moving average of $50.36.

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.