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

Worth Financial Advisory Group LLC cut its holdings in iShares Gold Trust (NYSEARCA:IAU) by 1.9% during the third quarter, Holdings Channel reports. The institutional investor owned 21,209 shares of the exchange traded fund’s stock after selling 417 shares during the quarter. Worth Financial Advisory Group LLC’s holdings in iShares Gold Trust were worth $1,054,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IAU. WealthNavi Inc. boosted its position in shares of iShares Gold Trust by 4.2% during the 3rd quarter. WealthNavi Inc. now owns 5,782,790 shares of the exchange traded fund’s stock worth $287,405,000 after purchasing an additional 233,999 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares Gold Trust by 15.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock valued at $154,577,000 after purchasing an additional 479,796 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of iShares Gold Trust by 0.8% in the third quarter. Commonwealth Equity Services LLC now owns 3,062,509 shares of the exchange traded fund’s stock valued at $152,207,000 after purchasing an additional 23,058 shares during the period. Truist Financial Corp boosted its holdings in iShares Gold Trust by 118.9% during the second quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock worth $108,303,000 after buying an additional 1,339,100 shares in the last quarter. Finally, Proficio Capital Partners LLC boosted its holdings in iShares Gold Trust by 2.1% during the second quarter. Proficio Capital Partners LLC now owns 2,144,328 shares of the exchange traded fund’s stock worth $94,200,000 after buying an additional 44,515 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.0 %

Shares of iShares Gold Trust stock opened at $51.78 on Tuesday. The company has a 50-day moving average of $49.18 and a two-hundred day moving average of $46.33. iShares Gold Trust has a 12-month low of $36.57 and a 12-month high of $51.92.

iShares Gold Trust 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.