Ieq Capital LLC Lowers Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Ieq Capital LLC lessened its holdings in iShares Gold Trust (NYSEARCA:IAU) by 32.0% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 57,836 shares of the exchange traded fund’s stock after selling 27,199 shares during the period. Ieq Capital LLC’s holdings in iShares Gold Trust were worth $2,541,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Glass Jacobson Investment Advisors llc boosted its stake in shares of iShares Gold Trust by 7.5% in the second quarter. Glass Jacobson Investment Advisors llc now owns 25,969 shares of the exchange traded fund’s stock worth $1,141,000 after acquiring an additional 1,813 shares during the period. AllGen Financial Advisors Inc. lifted its holdings in iShares Gold Trust by 17.7% in the 2nd quarter. AllGen Financial Advisors Inc. now owns 397,299 shares of the exchange traded fund’s stock worth $17,453,000 after purchasing an additional 59,642 shares in the last quarter. Carolinas Wealth Consulting LLC boosted its stake in iShares Gold Trust by 16.7% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 3,500 shares of the exchange traded fund’s stock worth $154,000 after purchasing an additional 500 shares during the period. Hsbc Holdings PLC grew its holdings in iShares Gold Trust by 713.8% during the 2nd quarter. Hsbc Holdings PLC now owns 758,903 shares of the exchange traded fund’s stock valued at $33,339,000 after buying an additional 665,653 shares in the last quarter. Finally, Blair William & Co. IL raised its position in shares of iShares Gold Trust by 4.0% during the second quarter. Blair William & Co. IL now owns 321,497 shares of the exchange traded fund’s stock valued at $14,123,000 after buying an additional 12,455 shares during the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU opened at $49.52 on Friday. The firm has a fifty day moving average price of $46.79 and a 200 day moving average price of $44.75. iShares Gold Trust has a fifty-two week low of $34.35 and a fifty-two week high of $49.60.

About iShares Gold Trust

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.