Inscription Capital LLC decreased its holdings in iShares Gold Trust (NYSEARCA:IAU) by 90.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,927 shares of the exchange traded fund’s stock after selling 165,360 shares during the quarter. Inscription Capital LLC’s holdings in iShares Gold Trust were worth $571,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of IAU. Sargent Bickham Lagudis LLC grew its holdings 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 purchasing an additional 540 shares during the period. Avalon Investment & Advisory boosted its holdings in iShares Gold Trust by 1.1% in the first quarter. Avalon Investment & Advisory now owns 52,818 shares of the exchange traded fund’s stock valued at $859,000 after acquiring an additional 580 shares during the last quarter. Firethorn Wealth Partners LLC grew its position in iShares Gold Trust by 5.2% during the first quarter. Firethorn Wealth Partners LLC now owns 12,480 shares of the exchange traded fund’s stock valued at $203,000 after acquiring an additional 620 shares during the period. Alaethes Wealth LLC purchased a new position in shares of iShares Gold Trust in the 2nd quarter worth about $25,000. Finally, Avantax Advisory Services Inc. grew its holdings in shares of iShares Gold Trust by 0.4% during the 1st quarter. Avantax Advisory Services Inc. now owns 191,221 shares of the exchange traded fund’s stock worth $3,102,000 after purchasing an additional 760 shares during the period. 56.47% of the stock is owned by institutional investors.
IAU opened at $34.11 on Thursday. iShares Gold Trust has a 52-week low of $31.94 and a 52-week high of $37.30. The company has a 50 day moving average of $33.83 and a two-hundred day moving average of $34.11.
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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