Deane Retirement Strategies Inc. Sells 529 Shares of iShares Gold Trust (NYSEARCA:IAU)

Deane Retirement Strategies Inc. trimmed its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,182 shares of the exchange traded fund’s stock after selling 529 shares during the quarter. iShares Gold Trust accounts for 2.3% of Deane Retirement Strategies Inc.’s holdings, making the stock its 10th largest holding. Deane Retirement Strategies Inc.’s holdings in iShares Gold Trust were worth $4,732,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in shares of iShares Gold Trust by 15.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock worth $154,577,000 after acquiring an additional 479,796 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in iShares Gold Trust by 6.3% in the second quarter. Commonwealth Equity Services LLC now owns 3,039,451 shares of the exchange traded fund’s stock valued at $133,523,000 after purchasing an additional 178,898 shares during the last quarter. Truist Financial Corp raised its holdings in iShares Gold Trust by 118.9% during the second quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock worth $108,303,000 after purchasing an additional 1,339,100 shares in the last quarter. Proficio Capital Partners LLC lifted its position in shares of iShares Gold Trust by 2.1% during the 2nd quarter. Proficio Capital Partners LLC now owns 2,144,328 shares of the exchange traded fund’s stock worth $94,200,000 after buying an additional 44,515 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of iShares Gold Trust by 66.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,460,596 shares of the exchange traded fund’s stock valued at $64,164,000 after buying an additional 581,671 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.0 %

Shares of NYSEARCA:IAU opened at $50.20 on Friday. iShares Gold Trust has a 12 month low of $34.35 and a 12 month high of $50.57. The company’s fifty day moving average price is $47.59 and its 200 day moving average price is $45.30.

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.