iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Silverleafe Capital Partners LLC

Silverleafe Capital Partners LLC cut its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 6.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 182,081 shares of the exchange traded fund’s stock after selling 12,797 shares during the period. iShares Gold Trust comprises about 3.1% of Silverleafe Capital Partners LLC’s holdings, making the stock its 11th largest position. Silverleafe Capital Partners LLC’s holdings in iShares Gold Trust were worth $7,649,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Howard Financial Services LTD. increased its stake in iShares Gold Trust by 5.3% during the first quarter. Howard Financial Services LTD. now owns 7,238 shares of the exchange traded fund’s stock worth $304,000 after acquiring an additional 365 shares during the last quarter. Maltin Wealth Management Inc. boosted its position in shares of iShares Gold Trust by 4.8% in the first quarter. Maltin Wealth Management Inc. now owns 121,284 shares of the exchange traded fund’s stock worth $5,095,000 after buying an additional 5,522 shares during the period. Vanguard Capital Wealth Advisors boosted its position in shares of iShares Gold Trust by 6.6% in the first quarter. Vanguard Capital Wealth Advisors now owns 46,861 shares of the exchange traded fund’s stock worth $1,969,000 after buying an additional 2,917 shares during the period. Towerpoint Wealth LLC boosted its position in shares of iShares Gold Trust by 5.3% in the first quarter. Towerpoint Wealth LLC now owns 61,782 shares of the exchange traded fund’s stock worth $2,595,000 after buying an additional 3,127 shares during the period. Finally, Mosley Wealth Management boosted its position in shares of iShares Gold Trust by 3.4% in the first quarter. Mosley Wealth Management now owns 30,932 shares of the exchange traded fund’s stock worth $1,299,000 after buying an additional 1,028 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Down 0.1 %

Shares of NYSEARCA IAU opened at $43.93 on Friday. iShares Gold Trust has a 1-year low of $34.35 and a 1-year high of $46.08. The business has a 50-day moving average of $44.18 and a 200-day moving average of $41.40.

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.