iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by Farmers & Merchants Investments Inc.

Farmers & Merchants Investments Inc. increased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,587 shares of the exchange traded fund’s stock after acquiring an additional 411 shares during the period. Farmers & Merchants Investments Inc.’s holdings in iShares Gold Trust were worth $722,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Archer Investment Corp lifted its stake in iShares Gold Trust by 813.8% during the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 529 shares during the last quarter. Financial Life Planners acquired a new stake in shares of iShares Gold Trust during the 4th quarter valued at $33,000. Valued Wealth Advisors LLC boosted its stake in shares of 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 acquiring an additional 333 shares in the last quarter. Independence Bank of Kentucky bought a new stake in shares of iShares Gold Trust during the 4th quarter worth $52,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings 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 acquiring an additional 635 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Up 0.1 %

Shares of NYSEARCA IAU opened at $53.97 on Friday. iShares Gold Trust has a 12 month low of $37.53 and a 12 month high of $54.48. The business has a fifty day simple moving average of $50.78 and a 200-day simple moving average of $49.47.

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.