iShares Gold Trust $IAU Shares Sold by Briaud Financial Planning Inc

Briaud Financial Planning Inc cut its position in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 6.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 81,225 shares of the exchange traded fund’s stock after selling 5,813 shares during the quarter. iShares Gold Trust accounts for about 1.6% of Briaud Financial Planning Inc’s portfolio, making the stock its 6th biggest holding. Briaud Financial Planning Inc’s holdings in iShares Gold Trust were worth $6,593,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ehrlich Financial Group increased its position in shares of iShares Gold Trust by 15.3% during the 3rd quarter. Ehrlich Financial Group now owns 44,884 shares of the exchange traded fund’s stock worth $3,266,000 after purchasing an additional 5,943 shares during the last quarter. First Horizon Corp acquired a new stake in shares of iShares Gold Trust in the 3rd quarter valued at approximately $1,863,000. Strategic Blueprint LLC boosted its holdings in shares of iShares Gold Trust by 30.2% in the 3rd quarter. Strategic Blueprint LLC now owns 136,931 shares of the exchange traded fund’s stock valued at $9,964,000 after buying an additional 31,746 shares during the last quarter. MA Private Wealth grew its stake in shares of iShares Gold Trust by 10.3% in the third quarter. MA Private Wealth now owns 157,758 shares of the exchange traded fund’s stock valued at $11,480,000 after buying an additional 14,705 shares in the last quarter. Finally, Copperleaf Capital LLC grew its stake in shares of iShares Gold Trust by 363.2% in the third quarter. Copperleaf Capital LLC now owns 47,867 shares of the exchange traded fund’s stock valued at $3,483,000 after buying an additional 37,533 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

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iShares Gold Trust Trading Down 1.0%

Shares of IAU opened at $88.34 on Friday. The company’s fifty day simple moving average is $91.67 and its 200 day simple moving average is $85.59. iShares Gold Trust has a 1-year low of $59.71 and a 1-year high of $104.40. The company has a market cap of $75.21 billion, a price-to-earnings ratio of 5.53 and a beta of 0.20.

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).

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

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