iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Roosevelt Investment Group LLC

Roosevelt Investment Group LLC cut its holdings in iShares Gold Trust (NYSEARCA:IAU) by 50.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,638 shares of the exchange traded fund’s stock after selling 7,639 shares during the period. Roosevelt Investment Group LLC’s holdings in iShares Gold Trust were worth $257,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sargent Bickham Lagudis LLC boosted its stake in iShares Gold Trust by 5.8% in the first quarter. Sargent Bickham Lagudis LLC now owns 9,909 shares of the exchange traded fund’s stock valued at $161,000 after acquiring an additional 540 shares in the last quarter. Avalon Investment & Advisory increased its position in iShares Gold Trust by 1.1% during the first quarter. Avalon Investment & Advisory now owns 52,818 shares of the exchange traded fund’s stock worth $859,000 after buying an additional 580 shares during the period. Firethorn Wealth Partners LLC lifted its stake in iShares Gold Trust by 5.2% in the first quarter. Firethorn Wealth Partners LLC now owns 12,480 shares of the exchange traded fund’s stock valued at $203,000 after buying an additional 620 shares during the last quarter. Oarsman Capital Inc. boosted its holdings in shares of iShares Gold Trust by 2.3% in the first quarter. Oarsman Capital Inc. now owns 30,624 shares of the exchange traded fund’s stock valued at $498,000 after acquiring an additional 700 shares during the period. Finally, Avantax Advisory Services Inc. raised its position in iShares Gold Trust by 0.4% in the 1st quarter. Avantax Advisory Services Inc. now owns 191,221 shares of the exchange traded fund’s stock valued at $3,102,000 after purchasing an additional 760 shares during the last quarter. Institutional investors and hedge funds own 56.47% of the company’s stock.

Shares of NYSEARCA:IAU traded down $0.01 on Wednesday, reaching $33.78. The company’s stock had a trading volume of 41,022 shares, compared to its average volume of 10,684,389. iShares Gold Trust has a 52-week low of $31.94 and a 52-week high of $37.30. The stock’s 50-day moving average is $34.17 and its two-hundred day moving average is $34.06.

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.

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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