Freedom Investment Management Inc. Sells 411 Shares of iShares Gold Trust (NYSEARCA:IAU)

Freedom Investment Management Inc. lessened its position in iShares Gold Trust (NYSEARCA:IAU) by 1.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 30,131 shares of the exchange traded fund’s stock after selling 411 shares during the period. Freedom Investment Management Inc.’s holdings in iShares Gold Trust were worth $1,498,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of IAU. Insight Wealth Partners LLC raised its holdings in shares of iShares Gold Trust by 3.4% during the third quarter. Insight Wealth Partners LLC now owns 163,724 shares of the exchange traded fund’s stock valued at $8,137,000 after purchasing an additional 5,369 shares during the last quarter. Townsquare Capital LLC grew its position in iShares Gold Trust by 6.0% in the 3rd quarter. Townsquare Capital LLC now owns 34,573 shares of the exchange traded fund’s stock worth $1,718,000 after purchasing an additional 1,943 shares during the period. FMR LLC raised its stake in iShares Gold Trust by 0.3% during 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 buying an additional 60,784 shares during the last quarter. Blue Investment Partners LLC lifted its holdings in shares of iShares Gold Trust by 0.6% during the 3rd quarter. Blue Investment Partners LLC now owns 78,949 shares of the exchange traded fund’s stock valued at $3,924,000 after buying an additional 476 shares during the period. Finally, Harvest Fund Management Co. Ltd boosted its stake in shares of iShares Gold Trust by 22.8% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 113,654 shares of the exchange traded fund’s stock worth $5,647,000 after buying an additional 21,070 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Up 0.2 %

Shares of IAU opened at $49.78 on Thursday. iShares Gold Trust has a one year low of $37.40 and a one year high of $52.69. The business has a fifty day moving average of $50.37 and a 200 day moving average of $47.25.

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.