iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Custom Index Systems LLC

Custom Index Systems LLC cut its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 43.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,789 shares of the exchange traded fund’s stock after selling 4,390 shares during the period. Custom Index Systems LLC’s holdings in iShares Gold Trust were worth $288,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of IAU. Truist Financial Corp grew its holdings in shares of iShares Gold Trust by 118.9% in the 2nd quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock worth $108,303,000 after acquiring an additional 1,339,100 shares during the period. 1832 Asset Management L.P. purchased a new position in iShares Gold Trust during the 1st quarter valued at about $30,021,000. Hsbc Holdings PLC raised its position in iShares Gold Trust by 713.8% during the second quarter. Hsbc Holdings PLC now owns 758,903 shares of the exchange traded fund’s stock worth $33,339,000 after acquiring an additional 665,653 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in iShares Gold Trust during the second quarter worth about $26,134,000. Finally, Cetera Investment Advisers lifted its holdings in shares of iShares Gold Trust by 545.9% in the first quarter. Cetera Investment Advisers now owns 694,118 shares of the exchange traded fund’s stock valued at $29,160,000 after purchasing an additional 586,652 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU opened at $51.80 on Monday. iShares Gold Trust has a 1-year low of $36.57 and a 1-year high of $51.92. The firm has a 50 day simple moving average of $49.09 and a 200-day simple moving average of $46.26.

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.