Nadler Financial Group Inc. grew its position in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 26.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,604 shares of the exchange traded fund’s stock after acquiring an additional 15,365 shares during the quarter. Nadler Financial Group Inc.’s holdings in iShares Gold Trust were worth $3,595,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Archer Investment Corp increased its stake in 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 purchasing an additional 529 shares in the last quarter. Valued Wealth Advisors LLC lifted its stake in shares of iShares Gold Trust by 65.7% in the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 333 shares in the last quarter. Independence Bank of Kentucky acquired a new position in shares of iShares Gold Trust during the fourth quarter valued at about $52,000. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of iShares Gold Trust by 127.0% during 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 acquiring an additional 635 shares in the last quarter. Finally, Global Trust Asset Management LLC raised its holdings in shares of iShares Gold Trust by 71.4% in the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after acquiring an additional 500 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.
iShares Gold Trust Stock Up 0.2 %
Shares of NYSEARCA IAU opened at $52.87 on Friday. The firm’s 50-day simple moving average is $50.39 and its 200 day simple moving average is $49.21. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week 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.
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