32,337 Shares in iShares Gold Trust (NYSEARCA:IAU) Acquired by Horst & Graben Wealth Management LLC

Horst & Graben Wealth Management LLC bought a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 32,337 shares of the exchange traded fund’s stock, valued at approximately $1,601,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Archer Investment Corp grew its position in shares of iShares Gold Trust by 813.8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 529 shares during the period. Valued Wealth Advisors LLC lifted its position in iShares Gold Trust by 65.7% during the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 333 shares in the last quarter. Independence Bank of Kentucky bought a new stake in iShares Gold Trust during the fourth quarter valued at about $52,000. Thurston Springer Miller Herd & Titak Inc. increased its position in iShares Gold Trust by 127.0% in the third 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 in the last quarter. Finally, Global Trust Asset Management LLC raised its stake in shares of iShares Gold Trust by 71.4% in the third 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 period. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Up 0.2 %

IAU stock opened at $52.87 on Friday. The business’s 50-day moving average price is $50.39 and its 200-day moving average price is $49.21. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $53.18.

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.