International Private Wealth Advisors LLC Sells 706 Shares of iShares Gold Trust (NYSEARCA:IAU)

International Private Wealth Advisors LLC lowered its holdings in iShares Gold Trust (NYSEARCA:IAU) by 14.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,161 shares of the exchange traded fund’s stock after selling 706 shares during the period. International Private Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $206,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of IAU. Compass Financial Services Inc bought a new stake in iShares Gold Trust during the fourth quarter valued at approximately $27,000. Archer Investment Corp raised its position in shares of iShares Gold Trust by 813.8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 529 shares in the last quarter. Financial Life Planners bought a new stake in shares of iShares Gold Trust during the 4th quarter worth $33,000. Newbridge Financial Services Group Inc. purchased a new position in iShares Gold Trust in the fourth quarter worth $40,000. Finally, Valued Wealth Advisors LLC increased its stake in iShares Gold Trust by 65.7% in the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 333 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $54.88 on Tuesday. The stock’s 50-day simple moving average is $50.78 and its two-hundred day simple moving average is $49.52. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $54.95.

iShares Gold Trust Profile

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.