iShares Gold Trust (NYSEARCA:IAU) is Graham Capital Wealth Management LLC’s Largest Position

Graham Capital Wealth Management LLC lessened its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 311,104 shares of the exchange traded fund’s stock after selling 5,344 shares during the period. iShares Gold Trust accounts for approximately 15.8% of Graham Capital Wealth Management LLC’s investment portfolio, making the stock its biggest position. Graham Capital Wealth Management LLC’s holdings in iShares Gold Trust were worth $15,462,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Howard Financial Services LTD. boosted its holdings in iShares Gold Trust by 2.9% in the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock valued at $386,000 after purchasing an additional 220 shares during the last quarter. Financial Sense Advisors Inc. boosted its holdings in iShares Gold Trust by 0.4% in the 1st quarter. Financial Sense Advisors Inc. now owns 65,609 shares of the exchange traded fund’s stock valued at $2,756,000 after purchasing an additional 230 shares during the last quarter. Pettinga Financial Advisors LLC boosted its holdings in iShares Gold Trust by 2.5% in the 1st quarter. Pettinga Financial Advisors LLC now owns 10,225 shares of the exchange traded fund’s stock valued at $430,000 after purchasing an additional 245 shares during the last quarter. Avaii Wealth Management LLC boosted its holdings in 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 purchasing an additional 249 shares during the last quarter. Finally, EP Wealth Advisors LLC boosted its holdings in iShares Gold Trust by 1.4% in the 1st 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 during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

NYSEARCA:IAU traded up $0.12 on Friday, hitting $51.80. The stock had a trading volume of 2,901,133 shares, compared to its average volume of 5,220,001. The company has a fifty day moving average price of $49.09 and a two-hundred day moving average price of $46.25. iShares Gold Trust has a 1-year low of $36.57 and a 1-year high of $51.92.

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.