WCG Wealth Advisors LLC Cuts Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

WCG Wealth Advisors LLC lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 15.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,765 shares of the exchange traded fund’s stock after selling 5,178 shares during the period. WCG Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $1,220,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of IAU. Financial Sense Advisors Inc. grew its holdings in iShares Gold Trust by 0.4% during the 1st quarter. Financial Sense Advisors Inc. now owns 65,609 shares of the exchange traded fund’s stock worth $2,756,000 after acquiring an additional 230 shares in the last quarter. Pettinga Financial Advisors LLC boosted its holdings in shares of iShares Gold Trust by 2.5% in the 1st quarter. Pettinga Financial Advisors LLC now owns 10,225 shares of the exchange traded fund’s stock valued at $430,000 after buying an additional 245 shares during the period. EP Wealth Advisors LLC boosted its holdings in shares of iShares Gold Trust by 1.4% in the 1st quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock valued at $783,000 after buying an additional 262 shares during the period. Aspect Partners LLC boosted its holdings in shares of iShares Gold Trust by 0.5% in the 2nd quarter. Aspect Partners LLC now owns 54,818 shares of the exchange traded fund’s stock valued at $2,408,000 after buying an additional 292 shares during the period. Finally, Ashton Thomas Private Wealth LLC boosted its holdings in shares of iShares Gold Trust by 0.9% in the 1st quarter. Ashton Thomas Private Wealth LLC now owns 31,759 shares of the exchange traded fund’s stock valued at $1,334,000 after buying an additional 293 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 1.5 %

NYSEARCA IAU opened at $48.89 on Friday. iShares Gold Trust has a one year low of $34.35 and a one year high of $49.12. The company has a 50-day simple moving average of $46.71 and a 200-day simple moving average of $44.66.

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.