DSG Capital Advisors LLC Has $10.66 Million Holdings in iShares Gold Trust $IAU

DSG Capital Advisors LLC decreased its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 10.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 146,433 shares of the exchange traded fund’s stock after selling 17,101 shares during the period. iShares Gold Trust makes up about 1.7% of DSG Capital Advisors LLC’s investment portfolio, making the stock its 20th largest holding. DSG Capital Advisors LLC’s holdings in iShares Gold Trust were worth $10,656,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in IAU. MTM Investment Management LLC acquired a new stake in shares of iShares Gold Trust in the 2nd quarter valued at about $25,000. Mountain Hill Investment Partners Corp. acquired a new position in shares of iShares Gold Trust during the third quarter worth about $29,000. Keener Financial Planning LLC bought a new position in shares of iShares Gold Trust during the second quarter worth about $25,000. Private Wealth Management Group LLC raised its position in iShares Gold Trust by 290.9% in the 2nd quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 320 shares during the last quarter. Finally, Key Financial Inc bought a new stake in iShares Gold Trust in the 2nd quarter valued at approximately $28,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust News Roundup

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iShares Gold Trust Stock Up 2.4%

NYSEARCA:IAU opened at $97.48 on Wednesday. The company has a market cap of $82.24 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a twelve month low of $51.81 and a twelve month high of $97.58. The business has a 50 day moving average price of $83.10 and a two-hundred day moving average price of $74.42.

About iShares Gold Trust

(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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