Boston Financial Mangement LLC Sells 200 Shares of iShares Gold Trust (NYSEARCA:IAU)

Boston Financial Mangement LLC lowered its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 94,542 shares of the exchange traded fund’s stock after selling 200 shares during the quarter. Boston Financial Mangement LLC’s holdings in iShares Gold Trust were worth $4,681,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IAU. Quadrature Capital Ltd bought a new stake in iShares Gold Trust during the 3rd quarter worth about $95,801,000. Truist Financial Corp raised its stake in shares of iShares Gold Trust by 56.8% during the fourth quarter. Truist Financial Corp now owns 4,160,293 shares of the exchange traded fund’s stock worth $205,976,000 after buying an additional 1,507,442 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after buying an additional 981,362 shares during the period. Park Avenue Securities LLC lifted its holdings in iShares Gold Trust by 6,538.7% in the fourth quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock valued at $33,808,000 after buying an additional 672,568 shares during the period. Finally, Kovitz Investment Group Partners LLC raised its position in shares of iShares Gold Trust by 10,279.7% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock valued at $33,128,000 after acquiring an additional 666,330 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.1 %

Shares of iShares Gold Trust stock opened at $55.42 on Thursday. The business has a fifty day simple moving average of $51.46 and a 200 day simple moving average of $49.98. iShares Gold Trust has a 12 month low of $38.21 and a 12 month high of $55.49.

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.