iShares Gold Trust (NYSEARCA:IAU) is Moulton Wealth Management Inc.’s 8th Largest Position

Moulton Wealth Management Inc. reduced its position in iShares Gold Trust (NYSEARCA:IAU) by 3.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 81,701 shares of the exchange traded fund’s stock after selling 3,270 shares during the period. iShares Gold Trust accounts for approximately 3.1% of Moulton Wealth Management Inc.’s portfolio, making the stock its 8th largest holding. Moulton Wealth Management Inc.’s holdings in iShares Gold Trust were worth $4,045,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Archer Investment Corp lifted its stake 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. Thurston Springer Miller Herd & Titak Inc. raised its holdings in iShares Gold Trust by 127.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 635 shares during the period. Global Trust Asset Management LLC raised its holdings in iShares Gold Trust by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $60,000 after acquiring an additional 500 shares during the period. McIlrath & Eck LLC lifted its position in shares of iShares Gold Trust by 34.3% during the third quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after acquiring an additional 341 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of iShares Gold Trust by 158.7% in the third quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock worth $72,000 after acquiring an additional 887 shares during the period. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Down 0.5 %

Shares of NYSEARCA IAU opened at $50.99 on Monday. The stock has a fifty day moving average of $49.87 and a 200-day moving average of $48.76. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $52.69.

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.