Mid American Wealth Advisory Group Inc. Sells 754 Shares of iShares Gold Trust (NYSEARCA:IAU)

Mid American Wealth Advisory Group Inc. decreased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 9.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 7,566 shares of the exchange traded fund’s stock after selling 754 shares during the period. Mid American Wealth Advisory Group Inc.’s holdings in iShares Gold Trust were worth $375,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the company. Archer Investment Corp increased its stake in iShares Gold Trust by 813.8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 529 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of iShares Gold Trust by 127.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 635 shares during the last quarter. Global Trust Asset Management LLC raised its holdings in shares of iShares Gold Trust by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 500 shares in the last quarter. Zions Bancorporation N.A. lifted its position in shares of iShares Gold Trust by 32.9% during the 2nd quarter. Zions Bancorporation N.A. now owns 1,442 shares of the exchange traded fund’s stock worth $63,000 after buying an additional 357 shares during the last quarter. Finally, McIlrath & Eck LLC boosted its stake in iShares Gold Trust by 34.3% in the third quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock valued at $66,000 after buying an additional 341 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 1.1 %

Shares of IAU stock traded down $0.55 on Monday, reaching $50.23. The company had a trading volume of 2,383,577 shares, compared to its average volume of 4,895,500. The business’s 50-day moving average is $49.90 and its 200 day moving average is $48.53. iShares Gold Trust has a one year low of $37.53 and a one year high of $52.69.

iShares Gold Trust 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.