Intellectus Partners LLC Sells 29,578 Shares of iShares Gold Trust (NYSEARCA:IAU)

Intellectus Partners LLC decreased its position in iShares Gold Trust (NYSEARCA:IAU) by 50.0% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 29,578 shares of the exchange traded fund’s stock after selling 29,578 shares during the period. Intellectus Partners LLC’s holdings in iShares Gold Trust were worth $997,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Clarity Financial LLC raised its stake in shares of iShares Gold Trust by 185.5% during the 2nd quarter. Clarity Financial LLC now owns 95,742 shares of the exchange traded fund’s stock worth $3,227,000 after purchasing an additional 62,213 shares in the last quarter. Liberty Wealth Management LLC raised its stake in shares of iShares Gold Trust by 4,665.6% during the 2nd quarter. Liberty Wealth Management LLC now owns 3,492,390 shares of the exchange traded fund’s stock worth $103,697,000 after purchasing an additional 3,419,106 shares in the last quarter. Alaethes Wealth LLC bought a new stake in shares of iShares Gold Trust during the 2nd quarter worth approximately $25,000. Prime Capital Investment Advisors LLC raised its stake in shares of iShares Gold Trust by 62.0% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 62,100 shares of the exchange traded fund’s stock worth $2,093,000 after purchasing an additional 23,771 shares in the last quarter. Finally, Lido Advisors LLC bought a new stake in shares of iShares Gold Trust during the 2nd quarter worth approximately $216,000. Hedge funds and other institutional investors own 56.47% of the company’s stock.

Shares of IAU stock traded up $0.05 during trading on Thursday, reaching $34.16. 157,171 shares of the company’s stock were exchanged, compared to its average volume of 9,028,919. iShares Gold Trust has a twelve month low of $31.94 and a twelve month high of $37.30. The firm’s fifty day moving average price is $33.83 and its 200-day moving average price is $34.11.

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.

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

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