iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Doliver Advisors LP

Doliver Advisors LP cut its stake in iShares Gold Trust (NYSEARCA:IAU) by 2.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,445 shares of the exchange traded fund’s stock after selling 500 shares during the period. Doliver Advisors LP’s holdings in iShares Gold Trust were worth $966,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in IAU. Private Ocean LLC acquired a new stake in shares of iShares Gold Trust during the first quarter worth $29,000. Global Trust Asset Management LLC raised its holdings in iShares Gold Trust by 250.0% during the 2nd quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 500 shares during the period. 1620 Investment Advisors Inc. acquired a new stake in iShares Gold Trust during the 2nd quarter worth about $31,000. Opal Wealth Advisors LLC purchased a new stake in iShares Gold Trust during the second quarter valued at about $34,000. Finally, YHB Investment Advisors Inc. acquired a new position in shares of iShares Gold Trust in the first quarter worth about $33,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

IAU opened at $50.22 on Thursday. The stock has a fifty day moving average of $47.48 and a 200-day moving average of $45.27. iShares Gold Trust has a 12-month low of $34.35 and a 12-month high of $50.57.

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.