iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Colony Family Offices LLC

Colony Family Offices LLC decreased its holdings in iShares Gold Trust (NYSEARCA:IAU) by 48.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,820 shares of the exchange traded fund’s stock after selling 11,040 shares during the quarter. Colony Family Offices LLC’s holdings in iShares Gold Trust were worth $585,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IAU. Quadrant Private Wealth Management LLC boosted its holdings in iShares Gold Trust by 2.3% in the 4th quarter. Quadrant Private Wealth Management LLC now owns 8,596 shares of the exchange traded fund’s stock worth $426,000 after buying an additional 195 shares during the last quarter. TPG Advisors LLC boosted its stake in shares of iShares Gold Trust by 0.7% in the fourth quarter. TPG Advisors LLC now owns 28,025 shares of the exchange traded fund’s stock worth $1,388,000 after acquiring an additional 199 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its position in shares of iShares Gold Trust by 1.2% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock worth $850,000 after purchasing an additional 212 shares in the last quarter. SeaCrest Wealth Management LLC raised its stake in iShares Gold Trust by 2.7% in the 4th quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock valued at $410,000 after purchasing an additional 215 shares during the last quarter. Finally, Howard Financial Services LTD. lifted its holdings in iShares Gold Trust by 3.2% in the 4th quarter. Howard Financial Services LTD. now owns 8,024 shares of the exchange traded fund’s stock valued at $397,000 after purchasing an additional 250 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.5 %

Shares of NYSEARCA IAU opened at $56.70 on Tuesday. The stock has a market cap of $40.62 billion, a PE ratio of -34.13 and a beta of 0.20. iShares Gold Trust has a 12-month low of $41.05 and a 12-month high of $57.59. The company has a 50-day moving average of $54.23 and a 200 day moving average of $51.47.

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.