Fielder Capital Group LLC Cuts Position in iShares Gold Trust (NYSEARCA:IAU)

Fielder Capital Group LLC lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 268,962 shares of the exchange traded fund’s stock after selling 4,565 shares during the quarter. iShares Gold Trust comprises 4.2% of Fielder Capital Group LLC’s portfolio, making the stock its 4th largest position. Fielder Capital Group LLC’s holdings in iShares Gold Trust were worth $13,316,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of IAU. Compass Financial Services Inc bought a new position in iShares Gold Trust in the fourth quarter worth $27,000. Archer Investment Corp boosted its holdings in shares of iShares Gold Trust by 813.8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 529 shares in the last quarter. Financial Life Planners purchased a new stake in shares of iShares Gold Trust in the 4th quarter worth about $33,000. Newbridge Financial Services Group Inc. bought a new position in shares of iShares Gold Trust in the 4th quarter worth about $40,000. Finally, Valued Wealth Advisors LLC lifted its position in iShares Gold Trust by 65.7% during the 4th quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 333 shares during the period. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $54.20 on Friday. The firm has a market capitalization of $36.78 billion, a P/E ratio of -33.32 and a beta of 0.20. iShares Gold Trust has a one year low of $38.41 and a one year high of $55.70. The company’s 50-day simple moving average is $52.19 and its 200 day simple moving average is $50.39.

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.