iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Smith & Howard Wealth Management LLC

Smith & Howard Wealth Management LLC trimmed its holdings in iShares Gold Trust (NYSEARCA:IAU) by 39.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,624 shares of the exchange traded fund’s stock after selling 3,645 shares during the quarter. Smith & Howard Wealth Management LLC’s holdings in iShares Gold Trust were worth $278,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Proficio Capital Partners LLC lifted its holdings in iShares Gold Trust by 2,943.8% in the 4th quarter. Proficio Capital Partners LLC now owns 65,535,203 shares of the exchange traded fund’s stock valued at $3,244,648,000 after acquiring an additional 63,382,112 shares during the last quarter. FMR LLC lifted its holdings in iShares Gold Trust by 0.3% in the 3rd quarter. FMR LLC now owns 23,065,092 shares of the exchange traded fund’s stock valued at $1,146,335,000 after acquiring an additional 60,784 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in iShares Gold Trust by 0.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,152,535 shares of the exchange traded fund’s stock valued at $902,181,000 after acquiring an additional 142,487 shares during the last quarter. Empower Advisory Group LLC lifted its holdings in iShares Gold Trust by 0.8% in the 3rd quarter. Empower Advisory Group LLC now owns 14,921,731 shares of the exchange traded fund’s stock valued at $741,610,000 after acquiring an additional 111,210 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in iShares Gold Trust by 9.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after acquiring an additional 981,362 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Trading Down 0.9 %

Shares of NYSEARCA IAU opened at $54.43 on Tuesday. iShares Gold Trust has a twelve month low of $40.64 and a twelve month high of $55.70. The company has a market capitalization of $36.94 billion, a price-to-earnings ratio of -33.32 and a beta of 0.20. The firm has a 50-day moving average of $52.93 and a two-hundred day moving average of $50.82.

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.