Strategic Investment Solutions Inc. IL Lowers Holdings in iShares Gold Trust (NYSEARCA:IAU)

Strategic Investment Solutions Inc. IL reduced its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,300 shares of the exchange traded fund’s stock after selling 586 shares during the period. Strategic Investment Solutions Inc. IL’s holdings in iShares Gold Trust were worth $2,251,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Truist Financial Corp raised its position in shares of iShares Gold Trust by 118.9% during the 2nd quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock valued at $108,303,000 after buying an additional 1,339,100 shares in the last quarter. 1832 Asset Management L.P. purchased a new stake in shares of iShares Gold Trust during the 1st quarter valued at $30,021,000. Hsbc Holdings PLC raised its position in shares of iShares Gold Trust by 713.8% during the 2nd quarter. Hsbc Holdings PLC now owns 758,903 shares of the exchange traded fund’s stock valued at $33,339,000 after buying an additional 665,653 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of iShares Gold Trust during the 2nd quarter valued at $26,134,000. Finally, Cetera Investment Advisers grew its holdings in iShares Gold Trust by 545.9% in the 1st quarter. Cetera Investment Advisers now owns 694,118 shares of the exchange traded fund’s stock worth $29,160,000 after acquiring an additional 586,652 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

iShares Gold Trust stock traded down $0.01 during trading hours on Friday, reaching $51.67. The stock had a trading volume of 788,036 shares, compared to its average volume of 5,911,652. iShares Gold Trust has a 52 week low of $36.57 and a 52 week high of $51.92. The company has a fifty day simple moving average of $48.90 and a 200-day simple moving average of $46.16.

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.