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

Aveo Capital Partners LLC cut its holdings in iShares Gold Trust (NYSEARCA:IAU) by 10.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 239,264 shares of the exchange traded fund’s stock after selling 28,707 shares during the quarter. iShares Gold Trust comprises approximately 1.3% of Aveo Capital Partners LLC’s portfolio, making the stock its 17th largest holding. Aveo Capital Partners LLC’s holdings in iShares Gold Trust were worth $11,846,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Quadrature Capital Ltd acquired a new position in shares of iShares Gold Trust during the third quarter worth about $95,801,000. JPMorgan Chase & Co. lifted its holdings in shares of iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after purchasing an additional 981,362 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in shares of iShares Gold Trust by 6,538.7% in the fourth quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock valued at $33,808,000 after purchasing an additional 672,568 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its holdings in shares of iShares Gold Trust by 10,279.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock valued at $33,128,000 after purchasing an additional 666,330 shares in the last quarter. Finally, Parker Investment Management LLC purchased a new stake in shares of iShares Gold Trust in the third quarter valued at about $26,050,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $54.46 on Friday. The firm has a 50 day simple moving average of $51.19 and a 200-day simple moving average of $49.74. iShares Gold Trust has a 1-year low of $37.76 and a 1-year high of $55.29.

iShares Gold Trust 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.