22,149 Shares in iShares Gold Trust (NYSEARCA:IAU) Purchased by ShoreHaven Wealth Partners LLC

ShoreHaven Wealth Partners LLC acquired a new position in iShares Gold Trust (NYSEARCA:IAU) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 22,149 shares of the exchange traded fund’s stock, valued at approximately $1,097,000.

Several other large investors also recently bought and sold shares of the company. Compass Financial Services Inc purchased a new position in shares of iShares Gold Trust in the fourth quarter valued at approximately $27,000. Archer Investment Corp increased its position in shares of iShares Gold Trust by 813.8% during the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 529 shares in the last quarter. Financial Life Planners acquired a new position in iShares Gold Trust in the 4th quarter valued at $33,000. Newbridge Financial Services Group Inc. purchased a new position in iShares Gold Trust in the 4th quarter valued at $40,000. Finally, Valued Wealth Advisors LLC boosted its stake in iShares Gold Trust by 65.7% during the 4th 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 last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Up 1.0 %

iShares Gold Trust stock opened at $55.28 on Friday. The company has a fifty day simple moving average of $51.07 and a 200-day simple moving average of $49.70. iShares Gold Trust has a 52-week low of $37.53 and a 52-week high of $55.30.

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.