AdvisorNet Financial Inc Sells 9,051 Shares of iShares Gold Trust (NYSEARCA:IAU)

AdvisorNet Financial Inc reduced its stake in iShares Gold Trust (NYSEARCA:IAU) by 8.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 97,004 shares of the exchange traded fund’s stock after selling 9,051 shares during the period. AdvisorNet Financial Inc’s holdings in iShares Gold Trust were worth $4,803,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Headlands Technologies LLC bought a new stake in shares of iShares Gold Trust during the 2nd quarter worth approximately $76,000. Zions Bancorporation N.A. lifted its stake in iShares Gold Trust by 32.9% during the second quarter. Zions Bancorporation N.A. now owns 1,442 shares of the exchange traded fund’s stock worth $63,000 after purchasing an additional 357 shares during the last quarter. Wealthspire Advisors LLC lifted its stake in iShares Gold Trust by 6.4% during the second quarter. Wealthspire Advisors LLC now owns 26,265 shares of the exchange traded fund’s stock worth $1,154,000 after purchasing an additional 1,584 shares during the last quarter. Envestnet Asset Management Inc. increased its stake 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 during the last quarter. Finally, Prime Capital Investment Advisors LLC raised its holdings in shares of iShares Gold Trust by 2.1% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 204,693 shares of the exchange traded fund’s stock worth $8,992,000 after buying an additional 4,189 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 1.0 %

NYSEARCA:IAU opened at $50.25 on Tuesday. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $52.69. The stock’s 50-day simple moving average is $49.87 and its 200 day simple moving average is $48.57.

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.