iShares Gold Trust (NYSEARCA:IAU) Shares Sold by Compton Wealth Advisory Group LLC

Compton Wealth Advisory Group LLC decreased its stake in iShares Gold Trust (NYSEARCA:IAU) by 8.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 19,915 shares of the exchange traded fund’s stock after selling 1,825 shares during the period. Compton Wealth Advisory Group LLC’s holdings in iShares Gold Trust were worth $986,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Archer Investment Corp raised its position in iShares Gold Trust by 813.8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 529 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in iShares Gold Trust by 127.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after buying an additional 635 shares during the last quarter. Global Trust Asset Management LLC raised its position in iShares Gold Trust by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 500 shares during the last quarter. McIlrath & Eck LLC increased its holdings in shares of iShares Gold Trust by 34.3% in the 3rd quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock valued at $66,000 after purchasing an additional 341 shares in the last quarter. Finally, Zions Bancorporation N.A. increased its holdings in shares of iShares Gold Trust by 32.9% in the 2nd quarter. Zions Bancorporation N.A. now owns 1,442 shares of the exchange traded fund’s stock valued at $63,000 after purchasing an additional 357 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU traded down $0.50 during trading hours on Monday, reaching $50.28. The company had a trading volume of 1,731,531 shares, compared to its average volume of 4,772,615. The firm has a 50 day simple moving average of $49.90 and a 200-day simple moving average of $48.53. iShares Gold Trust has a 12-month low of $37.53 and a 12-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.