Vicus Capital Sells 1,199 Shares of iShares Gold Trust $IAU

Vicus Capital decreased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,386 shares of the exchange traded fund’s stock after selling 1,199 shares during the period. Vicus Capital’s holdings in iShares Gold Trust were worth $2,331,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of IAU. Clarity Financial LLC lifted its stake in shares of iShares Gold Trust by 16.6% in the second quarter. Clarity Financial LLC now owns 8,520 shares of the exchange traded fund’s stock worth $531,000 after buying an additional 1,213 shares in the last quarter. BSW Wealth Partners lifted its stake in shares of iShares Gold Trust by 2.4% in the second quarter. BSW Wealth Partners now owns 153,429 shares of the exchange traded fund’s stock worth $9,568,000 after buying an additional 3,650 shares in the last quarter. TPG Advisors LLC lifted its stake in shares of iShares Gold Trust by 1.6% in the second quarter. TPG Advisors LLC now owns 29,348 shares of the exchange traded fund’s stock worth $1,830,000 after buying an additional 451 shares in the last quarter. Bartlett & CO. Wealth Management LLC lifted its stake in shares of iShares Gold Trust by 18.8% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 1,514 shares of the exchange traded fund’s stock worth $94,000 after buying an additional 240 shares in the last quarter. Finally, Lynx Investment Advisory lifted its stake in shares of iShares Gold Trust by 0.7% in the second quarter. Lynx Investment Advisory now owns 51,267 shares of the exchange traded fund’s stock worth $3,197,000 after buying an additional 378 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $72.88 on Thursday. The firm’s 50 day moving average price is $66.05 and its 200-day moving average price is $63.13. The company has a market cap of $55.84 billion, a PE 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 $73.09.

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.