B.O.S.S. Retirement Advisors LLC decreased its position in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 9.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,538 shares of the exchange traded fund’s stock after selling 501 shares during the quarter. B.O.S.S. Retirement Advisors LLC’s holdings in iShares Gold Trust were worth $283,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC raised its holdings in iShares Gold Trust by 17.6% in the first quarter. GAMMA Investing LLC now owns 1,635 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 245 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in iShares Gold Trust in the first quarter worth $267,000. Kingswood Wealth Advisors LLC increased its holdings in shares of iShares Gold Trust by 192.1% during the first quarter. Kingswood Wealth Advisors LLC now owns 90,783 shares of the exchange traded fund’s stock valued at $5,344,000 after acquiring an additional 59,706 shares in the last quarter. McAdam LLC increased its holdings in shares of iShares Gold Trust by 4.6% during the second quarter. McAdam LLC now owns 7,687 shares of the exchange traded fund’s stock valued at $479,000 after acquiring an additional 341 shares in the last quarter. Finally, Summit Financial LLC increased its holdings in shares of iShares Gold Trust by 232.6% during the first quarter. Summit Financial LLC now owns 279,758 shares of the exchange traded fund’s stock valued at $16,495,000 after acquiring an additional 195,640 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Price Performance
Shares of NYSEARCA:IAU opened at $72.65 on Friday. iShares Gold Trust has a 1-year low of $48.29 and a 1-year high of $73.43. The business has a fifty day moving average price of $66.23 and a 200-day moving average price of $63.24. The company has a market capitalization of $55.66 billion, a PE ratio of 5.53 and a beta of 0.15.
About iShares Gold Trust
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.
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