iShares Gold Trust (NYSEARCA:IAU) Stock Position Lessened by Graham Capital Wealth Management LLC

Graham Capital Wealth Management LLC lowered its position in iShares Gold Trust (NYSEARCA:IAU) by 64.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 111,582 shares of the exchange traded fund’s stock after selling 199,522 shares during the period. iShares Gold Trust makes up about 5.1% of Graham Capital Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Graham Capital Wealth Management LLC’s holdings in iShares Gold Trust were worth $5,524,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Archer Investment Corp boosted its holdings in shares of iShares Gold Trust by 813.8% in the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 529 shares during the last quarter. Valued Wealth Advisors LLC boosted its holdings in shares of iShares Gold Trust by 65.7% in the 4th quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 333 shares during the last quarter. Independence Bank of Kentucky acquired a new position in shares of iShares Gold Trust in the 4th quarter valued at $52,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of iShares Gold Trust by 127.0% in 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 purchasing an additional 635 shares during the period. Finally, Global Trust Asset Management LLC lifted its stake in shares of iShares Gold Trust by 71.4% in 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 purchasing an additional 500 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.2 %

IAU opened at $52.87 on Monday. The firm has a fifty day moving average price of $50.39 and a 200 day moving average price of $49.23. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $53.18.

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.