Sfm LLC Trims Stock Position in iShares Gold Trust $IAU

Sfm LLC lessened its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 32.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,037 shares of the exchange traded fund’s stock after selling 2,379 shares during the period. Sfm LLC’s holdings in iShares Gold Trust were worth $314,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. Blossom Wealth Management grew its position in shares of iShares Gold Trust by 3.2% during the 2nd quarter. Blossom Wealth Management now owns 21,715 shares of the exchange traded fund’s stock valued at $1,354,000 after purchasing an additional 665 shares in the last quarter. Diversified Enterprises LLC boosted its stake in iShares Gold Trust by 4.6% during the second quarter. Diversified Enterprises LLC now owns 3,683 shares of the exchange traded fund’s stock valued at $230,000 after buying an additional 163 shares during the period. Independent Wealth Network Inc. grew its position in iShares Gold Trust by 5.0% during the second quarter. Independent Wealth Network Inc. now owns 15,998 shares of the exchange traded fund’s stock worth $998,000 after buying an additional 761 shares in the last quarter. ORG Partners LLC increased its stake in iShares Gold Trust by 98.3% in the 2nd quarter. ORG Partners LLC now owns 8,589 shares of the exchange traded fund’s stock worth $541,000 after acquiring an additional 4,258 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC increased its stake in iShares Gold Trust by 3,754.5% in the 2nd quarter. MinichMacGregor Wealth Management LLC now owns 147,743 shares of the exchange traded fund’s stock worth $9,213,000 after acquiring an additional 143,910 shares during the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Trading Up 0.6%

Shares of IAU opened at $70.99 on Friday. The company has a market cap of $54.39 billion, a PE ratio of 5.53 and a beta of 0.15. The stock has a 50-day moving average price of $65.55 and a 200-day moving average price of $62.83. iShares Gold Trust has a 12-month low of $48.29 and a 12-month high of $71.40.

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.