iShares Gold Trust (NYSEARCA:IAU) Stock Position Decreased by Atria Investments Inc

Atria Investments Inc decreased its position in iShares Gold Trust (NYSEARCA:IAU) by 8.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 68,365 shares of the exchange traded fund’s stock after selling 6,353 shares during the quarter. Atria Investments Inc’s holdings in iShares Gold Trust were worth $3,398,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in IAU. TCP Asset Management LLC grew its position in iShares Gold Trust by 3.0% in the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after acquiring an additional 195 shares in the last quarter. Howard Financial Services LTD. increased its position in iShares Gold Trust by 2.9% during the third quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after buying an additional 220 shares during the last quarter. Avaii Wealth Management LLC raised its holdings in iShares Gold Trust by 1.7% during the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock valued at $736,000 after buying an additional 249 shares in the last quarter. EP Wealth Advisors LLC lifted its position in shares of iShares Gold Trust by 1.4% in the first quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock worth $783,000 after buying an additional 262 shares during the last quarter. Finally, OMNI 360 Wealth Inc. boosted its stake in shares of iShares Gold Trust by 5.0% during the 3rd quarter. OMNI 360 Wealth Inc. now owns 5,632 shares of the exchange traded fund’s stock worth $280,000 after acquiring an additional 270 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU stock opened at $48.59 on Thursday. The stock’s 50 day simple moving average is $50.01 and its 200 day simple moving average is $46.84. iShares Gold Trust has a twelve month low of $37.02 and a twelve month high of $52.69.

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.