iShares Gold Trust (NYSEARCA:IAU) Position Reduced by Fortitude Family Office LLC

Fortitude Family Office LLC lowered its holdings in iShares Gold Trust (NYSEARCA:IAU) by 16.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,227 shares of the exchange traded fund’s stock after selling 807 shares during the period. Fortitude Family Office LLC’s holdings in iShares Gold Trust were worth $209,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Worth Asset Management LLC boosted its position in iShares Gold Trust by 266.3% during the fourth quarter. Worth Asset Management LLC now owns 18,984 shares of the exchange traded fund’s stock valued at $940,000 after purchasing an additional 13,802 shares during the last quarter. One Wealth Capital Management LLC acquired a new stake in shares of iShares Gold Trust during the 4th quarter valued at about $614,000. Advance Capital Management Inc. lifted its holdings in shares of iShares Gold Trust by 30.1% during the 4th quarter. Advance Capital Management Inc. now owns 9,856 shares of the exchange traded fund’s stock valued at $488,000 after buying an additional 2,280 shares during the last quarter. Silverleafe Capital Partners LLC grew its stake in shares of iShares Gold Trust by 0.4% in the 4th quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock valued at $9,329,000 after buying an additional 689 shares in the last quarter. Finally, Global Wealth Strategies & Associates increased its holdings in iShares Gold Trust by 3.9% in the fourth quarter. Global Wealth Strategies & Associates now owns 133,502 shares of the exchange traded fund’s stock worth $6,610,000 after buying an additional 5,033 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.6 %

NYSEARCA IAU opened at $50.29 on Friday. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $52.69. The company has a 50 day moving average price of $49.92 and a two-hundred day moving average price of $48.41.

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.