First Heartland Consultants Inc. Has $278,000 Stake in iShares Gold Trust (NYSEARCA:IAU)

First Heartland Consultants Inc. decreased its stake in iShares Gold Trust (NYSEARCA:IAU) by 30.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,593 shares of the exchange traded fund’s stock after selling 2,400 shares during the period. First Heartland Consultants Inc.’s holdings in iShares Gold Trust were worth $278,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. TCP Asset Management LLC grew its holdings in shares of iShares Gold Trust by 3.0% in the 3rd quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock valued at $332,000 after acquiring an additional 195 shares in the last quarter. Baker Avenue Asset Management LP grew its holdings in shares of iShares Gold Trust by 2.9% in the 3rd quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock valued at $374,000 after acquiring an additional 215 shares in the last quarter. Howard Financial Services LTD. grew its holdings in shares of iShares Gold Trust by 2.9% in the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock valued at $386,000 after acquiring an additional 220 shares in the last quarter. Avaii Wealth Management LLC grew its holdings in iShares Gold Trust by 1.7% during the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after purchasing an additional 249 shares during the period. Finally, EP Wealth Advisors LLC grew its holdings in iShares Gold Trust by 1.4% during the first quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock worth $783,000 after purchasing an additional 262 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 1.0 %

iShares Gold Trust stock opened at $48.59 on Thursday. iShares Gold Trust has a 52 week low of $37.02 and a 52 week high of $52.69. The stock has a 50-day simple moving average of $50.01 and a 200 day simple moving average of $46.84.

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.