iShares Gold Trust (NYSEARCA:IAU) Stock Holdings Increased by Farrell Financial LLC

Farrell Financial LLC raised its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 48,852 shares of the exchange traded fund’s stock after buying an additional 368 shares during the period. iShares Gold Trust comprises approximately 1.7% of Farrell Financial LLC’s investment portfolio, making the stock its 18th biggest position. Farrell Financial LLC’s holdings in iShares Gold Trust were worth $2,419,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Archer Investment Corp grew its holdings in shares of iShares Gold Trust by 813.8% in the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 529 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted 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 valued at $56,000 after purchasing an additional 635 shares during the period. Global Trust Asset Management LLC increased its stake in 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 purchasing an additional 500 shares in the last quarter. McIlrath & Eck LLC raised its holdings in iShares Gold Trust by 34.3% during the 3rd quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 341 shares during the period. Finally, GAMMA Investing LLC lifted its stake in iShares Gold Trust by 158.7% during the third quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock valued at $72,000 after buying an additional 887 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.5 %

Shares of IAU opened at $51.75 on Wednesday. The company has a 50-day moving average of $49.90 and a two-hundred day moving average of $48.81. iShares Gold Trust has a one year low of $37.53 and a one year high of $52.69.

iShares Gold Trust 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.