Kingsview Wealth Management LLC Sells 42,627 Shares of iShares Gold Trust $IAU

Kingsview Wealth Management LLC trimmed its holdings in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 8.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 447,028 shares of the exchange traded fund’s stock after selling 42,627 shares during the period. Kingsview Wealth Management LLC owned 0.05% of iShares Gold Trust worth $36,285,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of IAU. Abich Financial Wealth Management LLC bought a new stake in iShares Gold Trust in the third quarter valued at approximately $25,000. Gables Capital Management Inc. increased its stake in iShares Gold Trust by 173.1% in the fourth quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 225 shares in the last quarter. Dakota Community Bank & Trust NA bought a new stake in iShares Gold Trust in the fourth quarter valued at approximately $30,000. Fourth Dimension Wealth LLC increased its stake in iShares Gold Trust by 436.3% in the third quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 349 shares in the last quarter. Finally, Measured Wealth Private Client Group LLC bought a new stake in iShares Gold Trust in the third quarter valued at approximately $31,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU opened at $83.73 on Thursday. iShares Gold Trust has a 52 week low of $61.37 and a 52 week high of $104.40. The company has a market capitalization of $71.28 billion, a PE ratio of 5.53 and a beta of 0.16. The company has a 50 day moving average price of $87.43 and a two-hundred day moving average price of $87.26.

Key iShares Gold Trust News

Here are the key news stories impacting iShares Gold Trust this week:

About iShares Gold Trust

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

Featured Articles

Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.