BSW Wealth Partners Has $6.91 Million Stock Position in iShares Gold Trust (NYSEARCA:IAU)

BSW Wealth Partners lessened its holdings in iShares Gold Trust (NYSEARCA:IAU) by 6.2% during the third quarter, HoldingsChannel reports. The fund owned 138,968 shares of the exchange traded fund’s stock after selling 9,244 shares during the quarter. iShares Gold Trust accounts for about 1.0% of BSW Wealth Partners’ investment portfolio, making the stock its 17th biggest holding. BSW Wealth Partners’ holdings in iShares Gold Trust were worth $6,907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Norden Group LLC purchased a new position in iShares Gold Trust during the 1st quarter worth $555,000. Mission Wealth Management LP purchased a new position in iShares Gold Trust during the first quarter worth about $453,000. Bryn Mawr Capital Management LLC grew its position in iShares Gold Trust by 33.8% in the 1st quarter. Bryn Mawr Capital Management LLC now owns 20,293 shares of the exchange traded fund’s stock worth $853,000 after purchasing an additional 5,130 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its stake in iShares Gold Trust by 4.0% in the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 13,332 shares of the exchange traded fund’s stock valued at $560,000 after buying an additional 515 shares during the last quarter. Finally, Whittier Trust Co. lifted its position in shares of iShares Gold Trust by 0.9% during the 1st quarter. Whittier Trust Co. now owns 75,735 shares of the exchange traded fund’s stock worth $3,181,000 after buying an additional 678 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU stock traded down $0.22 during trading on Friday, hitting $51.62. The company’s stock had a trading volume of 5,835,085 shares, compared to its average volume of 4,967,893. The business has a fifty day moving average of $49.56 and a 200-day moving average of $46.52. iShares Gold Trust has a 52 week low of $36.57 and a 52 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.