iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Interchange Capital Partners LLC

Interchange Capital Partners LLC lessened its stake in iShares Gold Trust (NYSEARCA:IAU) by 11.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,069 shares of the exchange traded fund’s stock after selling 5,321 shares during the period. Interchange Capital Partners LLC’s holdings in iShares Gold Trust were worth $2,132,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Compass Financial Services Inc purchased a new position in iShares Gold Trust in the fourth quarter valued at $27,000. Wintrust Investments LLC purchased a new position in iShares Gold Trust in the fourth quarter valued at $29,000. Financial Life Planners acquired a new position in iShares Gold Trust in the 4th quarter worth about $33,000. Newbridge Financial Services Group Inc. purchased a new position in iShares Gold Trust during the fourth quarter worth approximately $40,000. Finally, Valued Wealth Advisors LLC grew its holdings in iShares Gold Trust by 65.7% in the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 333 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $56.97 on Monday. The firm has a fifty day moving average of $54.10 and a 200 day moving average of $51.40. The firm has a market cap of $40.81 billion, a PE ratio of -34.13 and a beta of 0.20. iShares Gold Trust has a one year low of $41.05 and a one year high of $57.59.

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.