iShares Gold Trust $IAU Shares Sold by NewSquare Capital LLC

NewSquare Capital LLC decreased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 45,810 shares of the exchange traded fund’s stock after selling 1,498 shares during the period. NewSquare Capital LLC’s holdings in iShares Gold Trust were worth $2,857,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of IAU. Envestnet Asset Management Inc. lifted its position in shares of iShares Gold Trust by 63.1% during the first quarter. Envestnet Asset Management Inc. now owns 17,575,718 shares of the exchange traded fund’s stock worth $1,036,264,000 after purchasing an additional 6,797,066 shares during the last quarter. LPL Financial LLC raised its stake in iShares Gold Trust by 29.6% during the first quarter. LPL Financial LLC now owns 11,182,842 shares of the exchange traded fund’s stock worth $659,340,000 after acquiring an additional 2,552,405 shares during the period. Mainstay Capital Management LLC ADV raised its stake in iShares Gold Trust by 12,087.3% during the second quarter. Mainstay Capital Management LLC ADV now owns 1,329,143 shares of the exchange traded fund’s stock worth $82,885,000 after acquiring an additional 1,318,237 shares during the period. Erste Asset Management GmbH acquired a new stake in iShares Gold Trust during the first quarter worth about $68,629,000. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of iShares Gold Trust by 1,357.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 981,332 shares of the exchange traded fund’s stock valued at $57,859,000 after purchasing an additional 913,987 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA IAU opened at $75.54 on Tuesday. The firm has a market capitalization of $62.29 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 12 month low of $48.29 and a 12 month high of $82.55. The company’s 50 day simple moving average is $72.23 and its 200 day simple moving average is $66.17.

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.