Narus Financial Partners LLC Sells 1,366 Shares of iShares Gold Trust (NYSEARCA:IAU)

Narus Financial Partners LLC trimmed its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 7.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,787 shares of the exchange traded fund’s stock after selling 1,366 shares during the period. Narus Financial Partners LLC’s holdings in iShares Gold Trust were worth $831,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Archer Investment Corp lifted its stake 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 worth $30,000 after purchasing an additional 529 shares during the last quarter. Valued Wealth Advisors LLC lifted its position in shares of iShares Gold Trust by 65.7% during the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 333 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings 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 buying an additional 635 shares in the last quarter. Global Trust Asset Management LLC grew its position in shares of iShares Gold Trust by 71.4% in 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 during the last quarter. Finally, Raleigh Capital Management Inc. raised its stake in shares of iShares Gold Trust by 15,750.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock worth $63,000 after acquiring an additional 1,260 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU opened at $52.76 on Friday. The company has a 50 day moving average of $50.31 and a two-hundred day moving average of $49.12. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $52.81.

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.