Unique Wealth LLC Boosts Position in iShares Gold Trust (NYSEARCA:IAU)

Unique Wealth LLC grew its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 193.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,336 shares of the exchange traded fund’s stock after purchasing an additional 8,795 shares during the quarter. Unique Wealth LLC’s holdings in iShares Gold Trust were worth $660,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Archer Investment Corp increased its stake in iShares Gold Trust by 813.8% in the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 529 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of 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 valued at $56,000 after buying an additional 635 shares in the last quarter. Global Trust Asset Management LLC lifted its holdings 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 in the last quarter. Zions Bancorporation N.A. grew its holdings in iShares Gold Trust by 32.9% during the 2nd quarter. Zions Bancorporation N.A. now owns 1,442 shares of the exchange traded fund’s stock valued at $63,000 after buying an additional 357 shares during the last quarter. Finally, McIlrath & Eck LLC raised its stake in iShares Gold Trust by 34.3% in the 3rd quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock valued at $66,000 after purchasing an additional 341 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

IAU stock opened at $50.25 on Tuesday. The stock’s fifty day simple moving average is $49.87 and its 200-day simple moving average is $48.57. iShares Gold Trust has a 52-week low of $37.53 and a 52-week high of $52.69.

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.