iShares Gold Trust (NYSEARCA:IAU) Stock Position Trimmed by Mader & Shannon Wealth Management Inc.

Mader & Shannon Wealth Management Inc. lessened its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 511,310 shares of the exchange traded fund’s stock after selling 16,639 shares during the period. iShares Gold Trust makes up approximately 15.7% of Mader & Shannon Wealth Management Inc.’s holdings, making the stock its 2nd largest holding. Mader & Shannon Wealth Management Inc. owned approximately 0.08% of iShares Gold Trust worth $25,315,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of IAU. Advyzon Investment Management LLC bought a new stake in shares of iShares Gold Trust during the fourth quarter worth $241,000. WealthCare Investment Partners LLC lifted its position in shares of iShares Gold Trust by 5.7% during the fourth quarter. WealthCare Investment Partners LLC now owns 130,752 shares of the exchange traded fund’s stock worth $6,562,000 after purchasing an additional 7,020 shares during the last quarter. Wealth Alliance lifted its position in shares of iShares Gold Trust by 18.9% during the fourth quarter. Wealth Alliance now owns 112,134 shares of the exchange traded fund’s stock worth $5,552,000 after purchasing an additional 17,836 shares during the last quarter. Financial Sense Advisors Inc. lifted its position in shares of iShares Gold Trust by 3.5% during the fourth quarter. Financial Sense Advisors Inc. now owns 68,171 shares of the exchange traded fund’s stock worth $3,375,000 after purchasing an additional 2,288 shares during the last quarter. Finally, Bryn Mawr Capital Management LLC lifted its position in shares of iShares Gold Trust by 1,919.6% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 234,595 shares of the exchange traded fund’s stock worth $11,615,000 after purchasing an additional 222,979 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of iShares Gold Trust stock opened at $55.42 on Thursday. iShares Gold Trust has a 12 month low of $38.21 and a 12 month high of $55.49. The stock’s fifty day moving average price is $51.46 and its 200-day moving average price is $49.98.

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.