B.O.S.S. Retirement Advisors LLC Sells 501 Shares of iShares Gold Trust $IAU

B.O.S.S. Retirement Advisors LLC cut its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 9.9% in the 2nd quarter, Holdings Channel.com reports. The fund owned 4,538 shares of the exchange traded fund’s stock after selling 501 shares during the period. B.O.S.S. Retirement Advisors LLC’s holdings in iShares Gold Trust were worth $283,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Diversified Enterprises LLC boosted its position in shares of 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 last quarter. Alpha Cubed Investments LLC boosted its position in shares of iShares Gold Trust by 4.0% during the first quarter. Alpha Cubed Investments LLC now owns 4,325 shares of the exchange traded fund’s stock valued at $255,000 after buying an additional 168 shares during the last quarter. Mosaic Family Wealth Partners LLC boosted its position in shares of iShares Gold Trust by 1.5% during the first quarter. Mosaic Family Wealth Partners LLC now owns 11,345 shares of the exchange traded fund’s stock valued at $669,000 after buying an additional 173 shares during the last quarter. Hoey Investments Inc. boosted its position in shares of iShares Gold Trust by 30.4% during the first quarter. Hoey Investments Inc. now owns 750 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 175 shares during the last quarter. Finally, Trust Point Inc. boosted its position in shares of iShares Gold Trust by 0.5% during the first quarter. Trust Point Inc. now owns 38,635 shares of the exchange traded fund’s stock valued at $2,278,000 after buying an additional 176 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

iShares Gold Trust stock opened at $72.65 on Friday. iShares Gold Trust has a one year low of $48.29 and a one year high of $73.43. The stock has a market capitalization of $55.66 billion, a PE ratio of 5.53 and a beta of 0.15. The business’s fifty day moving average is $66.23 and its 200 day moving average is $63.24.

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.