FFG Partners LLC Has $1.47 Million Position in iShares Gold Trust (NYSEARCA:IAU)

FFG Partners LLC raised its stake in iShares Gold Trust (NYSEARCA:IAU) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,700 shares of the exchange traded fund’s stock after acquiring an additional 400 shares during the period. iShares Gold Trust makes up about 0.5% of FFG Partners LLC’s portfolio, making the stock its 20th biggest holding. FFG Partners LLC’s holdings in iShares Gold Trust were worth $1,470,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. Archer Investment Corp grew 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 worth $30,000 after buying an additional 529 shares in the last quarter. Financial Life Planners bought a new position in shares of iShares Gold Trust in the 4th quarter valued at $33,000. Valued Wealth Advisors LLC raised its holdings 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 buying 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. boosted its stake in 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. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Down 0.2 %

iShares Gold Trust stock opened at $53.89 on Friday. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $54.40. The business’s 50-day moving average price is $50.63 and its two-hundred day moving average price is $49.38.

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.