Nadler Financial Group Inc. Has $3.82 Million Stock Holdings in iShares Gold Trust $IAU

Nadler Financial Group Inc. reduced its stake in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 22.2% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 61,176 shares of the exchange traded fund’s stock after selling 17,490 shares during the period. Nadler Financial Group Inc.’s holdings in iShares Gold Trust were worth $3,815,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IAU. Keener Financial Planning LLC bought a new stake in iShares Gold Trust during the 2nd quarter worth approximately $25,000. Smallwood Wealth Investment Management LLC bought a new stake in iShares Gold Trust during the 1st quarter worth approximately $27,000. BankPlus Trust Department bought a new stake in iShares Gold Trust during the 1st quarter worth approximately $27,000. Dunhill Financial LLC increased its holdings in iShares Gold Trust by 86.6% during the 1st quarter. Dunhill Financial LLC now owns 472 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 219 shares in the last quarter. Finally, Garrison Bradford & Associates Inc. bought a new stake in iShares Gold Trust during the 1st quarter worth approximately $29,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of IAU opened at $77.43 on Tuesday. The stock has a 50 day moving average price of $68.00 and a two-hundred day moving average price of $64.20. The firm has a market capitalization of $64.00 billion, a P/E ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 52 week low of $48.29 and a 52 week high of $77.57.

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.

Further Reading

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

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