SageView Advisory Group LLC Has $232,000 Stock Position in iShares Gold Trust (NYSEARCA:IAU)

SageView Advisory Group LLC lessened its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 4.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,673 shares of the exchange traded fund’s stock after selling 224 shares during the quarter. SageView Advisory Group LLC’s holdings in iShares Gold Trust were worth $232,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of IAU. Archer Investment Corp lifted its position in iShares Gold Trust by 813.8% in the third 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 period. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Gold Trust in the 2nd quarter valued at $31,000. Opal Wealth Advisors LLC bought a new position in shares of iShares Gold Trust during the 2nd quarter worth about $34,000. Chris Bulman Inc acquired a new stake in shares of iShares Gold Trust during the 2nd quarter valued at about $43,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in iShares Gold Trust by 127.0% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 635 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU opened at $49.68 on Friday. The company has a 50-day moving average price of $50.37 and a two-hundred day moving average price of $47.48. iShares Gold Trust has a 12 month low of $37.40 and a 12 month high of $52.69.

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.