iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by Tanglewood Wealth Management Inc.

Tanglewood Wealth Management Inc. boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,282,274 shares of the exchange traded fund’s stock after acquiring an additional 57,373 shares during the period. iShares Gold Trust accounts for 7.3% of Tanglewood Wealth Management Inc.’s portfolio, making the stock its 4th largest position. Tanglewood Wealth Management Inc. owned approximately 0.19% of iShares Gold Trust worth $63,485,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the stock. Archer Investment Corp raised 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 in the last quarter. Valued Wealth Advisors LLC increased its stake 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 during the last quarter. Independence Bank of Kentucky acquired a new stake in shares of iShares Gold Trust during the fourth quarter worth $52,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of iShares Gold Trust by 127.0% in the 3rd 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 during the last quarter. Finally, Global Trust Asset Management LLC boosted 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 valued at $60,000 after buying an additional 500 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Up 0.2 %

Shares of NYSEARCA:IAU opened at $52.87 on Friday. The firm has a 50-day simple moving average of $50.39 and a 200 day simple moving average of $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.