iShares Gold Trust $IAU Shares Sold by Accredited Wealth Management LLC

Accredited Wealth Management LLC lessened its holdings in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 96.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 615 shares of the exchange traded fund’s stock after selling 16,920 shares during the quarter. Accredited Wealth Management LLC’s holdings in iShares Gold Trust were worth $45,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. MTM Investment Management LLC acquired a new stake in iShares Gold Trust during the second quarter worth about $25,000. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares Gold Trust in the 3rd quarter valued at approximately $25,000. Key Financial Inc purchased a new stake in shares of iShares Gold Trust in the 2nd quarter valued at approximately $28,000. Mountain Hill Investment Partners Corp. acquired a new stake in shares of iShares Gold Trust during the 3rd quarter worth approximately $29,000. Finally, Traub Capital Management LLC purchased a new stake in shares of iShares Gold Trust during the 2nd quarter valued at approximately $31,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

IAU opened at $99.07 on Friday. The stock has a market capitalization of $83.65 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a one year low of $53.44 and a one year high of $104.40. The business’s 50 day moving average price is $90.29 and its 200 day moving average price is $79.45.

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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).

See Also

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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