iShares Gold Trust (NYSEARCA:IAU) Position Lessened by Accretive Wealth Partners LLC

Accretive Wealth Partners LLC lessened its holdings in iShares Gold Trust (NYSEARCA:IAU) by 2.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 105,456 shares of the exchange traded fund’s stock after selling 2,170 shares during the period. iShares Gold Trust accounts for approximately 2.2% of Accretive Wealth Partners LLC’s portfolio, making the stock its 10th largest holding. Accretive Wealth Partners LLC’s holdings in iShares Gold Trust were worth $5,221,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IAU. Exchange Traded Concepts LLC purchased a new stake in shares of iShares Gold Trust in the third quarter worth $163,000. NBC Securities Inc. increased its stake in iShares Gold Trust by 11.5% in the third quarter. NBC Securities Inc. now owns 6,083 shares of the exchange traded fund’s stock valued at $302,000 after acquiring an additional 629 shares during the last quarter. SeaCrest Wealth Management LLC increased its stake in iShares Gold Trust by 41.4% in the third quarter. SeaCrest Wealth Management LLC now owns 8,072 shares of the exchange traded fund’s stock valued at $401,000 after acquiring an additional 2,363 shares during the last quarter. Naviter Wealth LLC increased its stake in iShares Gold Trust by 31.0% in the third quarter. Naviter Wealth LLC now owns 30,579 shares of the exchange traded fund’s stock valued at $1,520,000 after acquiring an additional 7,233 shares during the last quarter. Finally, Good Life Advisors LLC bought a new position in iShares Gold Trust in the third quarter valued at $436,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

IAU opened at $54.46 on Friday. iShares Gold Trust has a 52 week low of $37.76 and a 52 week high of $55.29. The business’s fifty day simple moving average is $51.19 and its 200 day simple moving average is $49.74.

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.