AA Financial Advisors LLC Has $665,000 Stake in iShares Gold Trust (NYSEARCA:IAU)

AA Financial Advisors LLC increased its position in iShares Gold Trust (NYSEARCA:IAU) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,431 shares of the exchange traded fund’s stock after buying an additional 481 shares during the period. AA Financial Advisors LLC’s holdings in iShares Gold Trust were worth $665,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Archer Investment Corp increased its holdings 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 last quarter. Valued Wealth Advisors LLC boosted 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 worth $42,000 after purchasing an additional 333 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its holdings in 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 valued at $56,000 after purchasing an additional 635 shares during the last quarter. Global Trust Asset Management LLC raised its position 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 valued at $60,000 after purchasing an additional 500 shares during the period. Finally, Raleigh Capital Management Inc. lifted its stake in shares of iShares Gold Trust by 15,750.0% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock worth $63,000 after buying an additional 1,260 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 1.5 %

NYSEARCA IAU opened at $52.76 on Friday. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $52.81. The company has a fifty day simple moving average of $50.31 and a 200 day simple moving average of $49.12.

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.