Sterling Financial Planning Inc. Sells 281 Shares of iShares Gold Trust (NYSEARCA:IAU)

Sterling Financial Planning Inc. cut its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 345,741 shares of the exchange traded fund’s stock after selling 281 shares during the period. iShares Gold Trust makes up about 5.8% of Sterling Financial Planning Inc.’s portfolio, making the stock its 3rd largest holding. Sterling Financial Planning Inc. owned 0.05% of iShares Gold Trust worth $13,494,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. ORG Partners LLC acquired a new stake in shares of iShares Gold Trust in the fourth quarter valued at about $28,000. Qube Research & Technologies Ltd acquired a new stake in iShares Gold Trust in the 3rd quarter worth about $26,000. North Star Investment Management Corp. increased its stake in iShares Gold Trust by 125.7% during the 4th quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 479 shares in the last quarter. Chilton Capital Management LLC raised its holdings in shares of iShares Gold Trust by 162.8% during the fourth quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 542 shares during the last quarter. Finally, Financial Freedom LLC purchased a new position in shares of iShares Gold Trust in the fourth quarter valued at approximately $30,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 0.3 %

Shares of IAU traded up $0.15 during trading hours on Thursday, hitting $45.01. 8,013,027 shares of the stock were exchanged, compared to its average volume of 6,804,511. The stock’s 50-day moving average price is $40.90 and its two-hundred day moving average price is $38.85. iShares Gold Trust has a 12-month low of $34.35 and a 12-month high of $45.98.

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.