Clarity Financial LLC Has $391,000 Stake in iShares Gold Trust (NYSEARCA:IAU)

Clarity Financial LLC reduced its stake in iShares Gold Trust (NYSEARCA:IAU) by 26.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,863 shares of the exchange traded fund’s stock after selling 2,778 shares during the period. Clarity Financial LLC’s holdings in iShares Gold Trust were worth $391,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of iShares Gold Trust by 8.0% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 24,619 shares of the exchange traded fund’s stock valued at $1,034,000 after buying an additional 1,830 shares during the period. Concurrent Investment Advisors LLC lifted its stake in iShares Gold Trust by 5.9% during the first quarter. Concurrent Investment Advisors LLC now owns 7,845 shares of the exchange traded fund’s stock worth $330,000 after purchasing an additional 436 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in iShares Gold Trust by 13.0% during the first quarter. Geneos Wealth Management Inc. now owns 3,446 shares of the exchange traded fund’s stock worth $145,000 after purchasing an additional 396 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares Gold Trust by 15.8% during the second quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock worth $154,577,000 after purchasing an additional 479,796 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC lifted its stake in iShares Gold Trust by 2.1% during the second quarter. Prime Capital Investment Advisors LLC now owns 204,693 shares of the exchange traded fund’s stock worth $8,992,000 after purchasing an additional 4,189 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $51.70 on Tuesday. iShares Gold Trust has a fifty-two week low of $36.57 and a fifty-two week high of $52.69. The business has a fifty day moving average price of $49.65 and a two-hundred day moving average price of $46.58.

iShares Gold Trust Company 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.