iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Quent Capital LLC

Quent Capital LLC lowered its stake in iShares Gold Trust (NYSEARCA:IAU) by 6.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 461,244 shares of the exchange traded fund’s stock after selling 30,594 shares during the period. iShares Gold Trust accounts for approximately 2.3% of Quent Capital LLC’s holdings, making the stock its 9th biggest holding. Quent Capital LLC owned 0.07% of iShares Gold Trust worth $22,924,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of IAU. Regency Capital Management Inc. DE boosted its holdings in iShares Gold Trust by 39.2% in the third quarter. Regency Capital Management Inc. DE now owns 164,010 shares of the exchange traded fund’s stock worth $8,151,000 after purchasing an additional 46,190 shares during the period. Park Avenue Securities LLC lifted its position in shares of iShares Gold Trust by 16.5% in the 3rd quarter. Park Avenue Securities LLC now owns 10,286 shares of the exchange traded fund’s stock worth $511,000 after buying an additional 1,459 shares during the last quarter. Wiser Wealth Management Inc acquired a new position in shares of iShares Gold Trust in the 3rd quarter valued at about $203,000. Farmers Trust Co. boosted its holdings in shares of iShares Gold Trust by 17.8% in the 3rd quarter. Farmers Trust Co. now owns 9,246 shares of the exchange traded fund’s stock valued at $460,000 after buying an additional 1,400 shares during the period. Finally, Unique Wealth LLC bought a new stake in shares of iShares Gold Trust during the 3rd quarter valued at about $226,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

IAU stock traded down $0.12 during midday trading on Friday, reaching $50.08. The company had a trading volume of 8,655,846 shares, compared to its average volume of 6,058,156. The stock has a 50 day moving average price of $47.69 and a 200 day moving average price of $45.36. iShares Gold Trust has a fifty-two week low of $34.35 and a fifty-two week high of $50.57.

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.