Savant Capital LLC Purchases 6,494 Shares of iShares Gold Trust (NYSEARCA:IAU)

Savant Capital LLC lifted its position in iShares Gold Trust (NYSEARCA:IAU) by 26.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,253 shares of the exchange traded fund’s stock after acquiring an additional 6,494 shares during the quarter. Savant Capital LLC’s holdings in iShares Gold Trust were worth $1,547,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Compass Financial Services Inc acquired a new position in iShares Gold Trust during the fourth quarter valued at $27,000. Archer Investment Corp lifted its holdings in iShares Gold Trust by 813.8% in the third 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 period. Financial Life Planners acquired a new position in iShares Gold Trust in the fourth quarter valued at approximately $33,000. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Gold Trust in the 4th quarter valued at $40,000. Finally, Valued Wealth Advisors LLC lifted its stake in shares of iShares Gold Trust by 65.7% in the 4th 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 period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Up 1.0 %

Shares of IAU stock opened at $55.28 on Friday. The stock has a 50 day simple moving average of $51.07 and a 200-day simple moving average of $49.70. iShares Gold Trust has a 1-year low of $37.53 and a 1-year 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.