Firethorn Wealth Partners LLC Has $351,000 Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Firethorn Wealth Partners LLC raised its stake in iShares Gold Trust (NYSEARCA:IAU) by 61.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,086 shares of the exchange traded fund’s stock after buying an additional 2,698 shares during the period. Firethorn Wealth Partners LLC’s holdings in iShares Gold Trust were worth $351,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its position in iShares Gold Trust by 9.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after buying an additional 981,362 shares during the period. Independent Family Office LLC lifted its holdings in shares of iShares Gold Trust by 4.1% during the third quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock worth $21,155,000 after purchasing an additional 16,827 shares during the period. Silverleafe Capital Partners LLC grew its stake in shares of iShares Gold Trust by 0.4% in the fourth quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock worth $9,329,000 after purchasing an additional 689 shares during the last quarter. Merit Financial Group LLC increased its holdings in iShares Gold Trust by 177.6% in the fourth quarter. Merit Financial Group LLC now owns 51,538 shares of the exchange traded fund’s stock valued at $2,552,000 after purchasing an additional 32,975 shares during the period. Finally, International Assets Investment Management LLC raised its position in iShares Gold Trust by 4,843.7% during the 3rd quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock worth $11,632,000 after purchasing an additional 229,303 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU stock opened at $52.31 on Friday. The stock has a 50-day moving average of $50.09 and a 200-day moving average of $48.90. iShares Gold Trust has a 1-year low of $37.53 and a 1-year high of $52.69.

iShares Gold Trust Company 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.