iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by Signify Wealth

Signify Wealth raised its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 7.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 69,176 shares of the exchange traded fund’s stock after purchasing an additional 4,496 shares during the period. iShares Gold Trust accounts for 3.9% of Signify Wealth’s portfolio, making the stock its 15th largest position. Signify Wealth’s holdings in iShares Gold Trust were worth $3,425,000 as of its most recent filing with the SEC.

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

iShares Gold Trust Stock Up 1.3 %

iShares Gold Trust stock opened at $54.57 on Tuesday. iShares Gold Trust has a 52-week low of $39.61 and a 52-week high of $55.70. The firm has a fifty day moving average of $52.38 and a 200-day moving average of $50.56. The firm has a market capitalization of $37.03 billion, a P/E ratio of -33.32 and a beta of 0.20.

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.