First Command Advisory Services Inc. Has $86.46 Million Stock Position in iShares Gold Trust $IAU

First Command Advisory Services Inc. lowered its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 3.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,188,188 shares of the exchange traded fund’s stock after selling 41,948 shares during the quarter. iShares Gold Trust makes up 0.6% of First Command Advisory Services Inc.’s investment portfolio, making the stock its 17th largest holding. First Command Advisory Services Inc. owned about 0.14% of iShares Gold Trust worth $86,464,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Evolution Wealth Advisors LLC raised its holdings in shares of iShares Gold Trust by 1.5% during the third quarter. Evolution Wealth Advisors LLC now owns 8,875 shares of the exchange traded fund’s stock valued at $646,000 after acquiring an additional 135 shares during the period. Axecap Investments LLC grew its position in iShares Gold Trust by 1.0% during the 3rd quarter. Axecap Investments LLC now owns 14,316 shares of the exchange traded fund’s stock worth $1,042,000 after purchasing an additional 137 shares in the last quarter. Aspiriant LLC raised its stake in iShares Gold Trust by 1.8% during the 3rd quarter. Aspiriant LLC now owns 7,854 shares of the exchange traded fund’s stock valued at $572,000 after purchasing an additional 138 shares during the period. Sincerus Advisory LLC lifted its holdings in shares of iShares Gold Trust by 2.8% in the third quarter. Sincerus Advisory LLC now owns 5,184 shares of the exchange traded fund’s stock valued at $377,000 after purchasing an additional 143 shares in the last quarter. Finally, Regatta Capital Group LLC lifted its holdings in shares of iShares Gold Trust by 0.5% in the third quarter. Regatta Capital Group LLC now owns 27,161 shares of the exchange traded fund’s stock valued at $1,977,000 after purchasing an additional 145 shares in the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting iShares Gold Trust

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iShares Gold Trust Trading Up 1.5%

Shares of IAU stock opened at $95.18 on Tuesday. iShares Gold Trust has a 1-year low of $51.52 and a 1-year high of $96.12. The company has a market capitalization of $80.30 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. The stock’s fifty day simple moving average is $82.69 and its 200-day simple moving average is $74.18.

iShares Gold Trust Profile

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

Further Reading

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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