iShares Gold Trust (NYSEARCA:IAU) Shares Sold by First Financial Bankshares Inc

First Financial Bankshares Inc decreased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 6.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,499 shares of the exchange traded fund’s stock after selling 581 shares during the period. First Financial Bankshares Inc’s holdings in iShares Gold Trust were worth $422,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Howard Financial Services LTD. grew its position in shares of iShares Gold Trust by 2.9% during the 3rd quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock valued at $386,000 after buying an additional 220 shares during the last quarter. Financial Sense Advisors Inc. increased its stake in iShares Gold Trust by 0.4% in the 1st quarter. Financial Sense Advisors Inc. now owns 65,609 shares of the exchange traded fund’s stock valued at $2,756,000 after buying an additional 230 shares during the period. Avaii Wealth Management LLC grew its position in iShares Gold Trust by 1.7% in the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after acquiring an additional 249 shares in the last quarter. EP Wealth Advisors LLC boosted its holdings in shares of iShares Gold Trust by 1.4% during the 1st quarter. EP Wealth Advisors LLC now owns 18,635 shares of the exchange traded fund’s stock worth $783,000 after buying an additional 262 shares during the period. Finally, OMNI 360 Wealth Inc. boosted its holdings in shares of iShares Gold Trust by 5.0% during the 3rd quarter. OMNI 360 Wealth Inc. now owns 5,632 shares of the exchange traded fund’s stock worth $280,000 after buying an additional 270 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $51.80 on Monday. iShares Gold Trust has a 52-week low of $36.57 and a 52-week high of $51.92. The firm has a fifty day moving average of $49.09 and a 200-day moving average of $46.26.

iShares Gold Trust Company 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.