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

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

Several other institutional investors have also modified their holdings of the stock. Compass Financial Services Inc purchased a new position in shares of iShares Gold Trust in the fourth quarter worth about $27,000. Wintrust Investments LLC purchased a new position in shares of iShares Gold Trust in the fourth quarter worth about $29,000. Financial Life Planners purchased a new position in shares of iShares Gold Trust in the fourth quarter worth about $33,000. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Gold Trust in the fourth quarter worth about $40,000. Finally, Valued Wealth Advisors LLC lifted its stake in shares of 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 worth $42,000 after buying an additional 333 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.8 %

NYSEARCA:IAU opened at $56.97 on Monday. The company’s 50-day moving average price is $54.10 and its 200-day moving average price is $51.40. iShares Gold Trust has a twelve month low of $41.05 and a twelve month high of $57.59. The company has a market cap of $40.81 billion, a P/E ratio of -34.13 and a beta of 0.20.

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.