Yeomans Consulting Group Inc. Sells 32,724 Shares of iShares Gold Trust $IAU

Yeomans Consulting Group Inc. lowered its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 9.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 331,438 shares of the exchange traded fund’s stock after selling 32,724 shares during the quarter. iShares Gold Trust accounts for 7.9% of Yeomans Consulting Group Inc.’s holdings, making the stock its 2nd largest holding. Yeomans Consulting Group Inc.’s holdings in iShares Gold Trust were worth $26,903,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IAU. Capital Advantage Inc. purchased a new stake in shares of iShares Gold Trust in the 4th quarter valued at approximately $243,000. TruWealth Advisors LLC lifted its stake in iShares Gold Trust by 72.8% during the 4th quarter. TruWealth Advisors LLC now owns 236,415 shares of the exchange traded fund’s stock worth $19,190,000 after acquiring an additional 99,606 shares in the last quarter. Fulcrum Equity Management purchased a new position in iShares Gold Trust during the 4th quarter valued at about $363,000. Ehrlich Financial Group increased its stake in iShares Gold Trust by 23.6% during the fourth quarter. Ehrlich Financial Group now owns 55,460 shares of the exchange traded fund’s stock worth $4,502,000 after purchasing an additional 10,576 shares during the period. Finally, Chemistry Wealth Management LLC lifted its position in shares of iShares Gold Trust by 0.5% during the fourth quarter. Chemistry Wealth Management LLC now owns 349,239 shares of the exchange traded fund’s stock worth $28,348,000 after purchasing an additional 1,726 shares in the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust News Roundup

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Trading Down 3.1%

iShares Gold Trust stock opened at $84.70 on Friday. The stock’s fifty day simple moving average is $93.65 and its 200-day simple moving average is $82.57. iShares Gold Trust has a twelve month low of $55.78 and a twelve month high of $104.40. The firm has a market capitalization of $71.52 billion, a P/E ratio of 5.53 and a beta of 0.09.

iShares Gold Trust Profile

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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