Stratos Wealth Partners LTD. Decreases Stake in iShares Gold Trust (IAU)

Stratos Wealth Partners LTD. reduced its holdings in iShares Gold Trust (NYSEARCA:IAU) by 23.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,626 shares of the exchange traded fund’s stock after selling 18,877 shares during the period. Stratos Wealth Partners LTD.’s holdings in iShares Gold Trust were worth $763,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Semmax Financial Advisors Inc. acquired a new stake in iShares Gold Trust during the fourth quarter worth about $34,000. Investors Research Corp acquired a new stake in iShares Gold Trust during the first quarter worth about $35,000. Larson Financial Group LLC acquired a new stake in iShares Gold Trust during the fourth quarter worth about $38,000. Financial Advantage Inc. acquired a new stake in iShares Gold Trust during the fourth quarter worth about $41,000. Finally, Financial Management Professionals Inc. increased its position in iShares Gold Trust by 89.1% during the first quarter. Financial Management Professionals Inc. now owns 3,396 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 1,600 shares during the last quarter.

iShares Gold Trust stock traded down $0.03 during midday trading on Tuesday, hitting $12.19. 175,147 shares of the stock were exchanged, compared to its average volume of 14,406,387. iShares Gold Trust has a fifty-two week low of $11.25 and a fifty-two week high of $12.90.

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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.

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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