iShares Gold Trust (NYSEARCA:IAU) Shares Sold by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC lessened its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.3% during the 3rd quarter, Holdings Channel reports. The firm owned 487,462 shares of the exchange traded fund’s stock after selling 1,301 shares during the period. OneDigital Investment Advisors LLC’s holdings in iShares Gold Trust were worth $24,227,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. boosted its position in iShares Gold Trust by 0.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,152,535 shares of the exchange traded fund’s stock valued at $902,181,000 after buying an additional 142,487 shares during the period. Empower Advisory Group LLC boosted its holdings in iShares Gold Trust by 0.8% in the third quarter. Empower Advisory Group LLC now owns 14,921,731 shares of the exchange traded fund’s stock valued at $741,610,000 after purchasing an additional 111,210 shares during the period. WealthNavi Inc. grew its stake in iShares Gold Trust by 4.2% during the 3rd quarter. WealthNavi Inc. now owns 5,782,790 shares of the exchange traded fund’s stock worth $287,405,000 after purchasing an additional 233,999 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares Gold Trust by 15.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock worth $154,577,000 after purchasing an additional 479,796 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in iShares Gold Trust by 0.8% in the third quarter. Commonwealth Equity Services LLC now owns 3,062,509 shares of the exchange traded fund’s stock valued at $152,207,000 after acquiring an additional 23,058 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU stock traded down $0.06 during mid-day trading on Thursday, hitting $48.53. 3,209,450 shares of the stock were exchanged, compared to its average volume of 6,052,759. iShares Gold Trust has a 12-month low of $37.02 and a 12-month high of $52.69. The stock’s fifty day simple moving average is $50.04 and its two-hundred day simple moving average is $46.85.

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.