Verity Asset Management Inc. Sells 3,706 Shares of iShares Gold Trust (NYSEARCA:IAU)

Verity Asset Management Inc. decreased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 15.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,623 shares of the exchange traded fund’s stock after selling 3,706 shares during the quarter. Verity Asset Management Inc.’s holdings in iShares Gold Trust were worth $1,025,000 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. TCP Asset Management LLC increased its position in iShares Gold Trust by 3.0% in the 3rd quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock valued at $332,000 after acquiring an additional 195 shares during the period. Howard Financial Services LTD. grew its stake in iShares Gold Trust by 2.9% during the third quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 220 shares during the period. Avaii Wealth Management LLC increased its stake in shares of iShares Gold Trust by 1.7% in the 3rd quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock valued at $736,000 after acquiring an additional 249 shares in the last quarter. EP Wealth Advisors LLC increased its stake in iShares Gold Trust by 1.4% in the first quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock valued at $783,000 after purchasing an additional 262 shares in the last quarter. Finally, OMNI 360 Wealth Inc. increased its position in iShares Gold Trust by 5.0% in the 3rd quarter. OMNI 360 Wealth Inc. now owns 5,632 shares of the exchange traded fund’s stock valued at $280,000 after buying an additional 270 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of iShares Gold Trust stock opened at $51.06 on Friday. iShares Gold Trust has a 52 week low of $36.57 and a 52 week high of $52.69. The stock has a 50 day moving average price of $49.85 and a two-hundred day moving average price of $46.68.

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.