Financial Sense Advisors Inc. Purchases 2,288 Shares of iShares Gold Trust (NYSEARCA:IAU)

Financial Sense Advisors Inc. lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 68,171 shares of the exchange traded fund’s stock after purchasing an additional 2,288 shares during the period. iShares Gold Trust makes up about 1.1% of Financial Sense Advisors Inc.’s investment portfolio, making the stock its 23rd biggest position. Financial Sense Advisors Inc.’s holdings in iShares Gold Trust were worth $3,375,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Compass Financial Services Inc bought a new stake in iShares Gold Trust in the fourth quarter valued at approximately $27,000. Archer Investment Corp increased its holdings 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 during the last quarter. Financial Life Planners bought a new stake in iShares Gold Trust in the 4th quarter valued at $33,000. Newbridge Financial Services Group Inc. acquired a new stake in iShares Gold Trust during the 4th quarter worth approximately $40,000. Finally, Valued Wealth Advisors LLC raised 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 valued at $42,000 after buying an additional 333 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.1 %

NYSEARCA IAU opened at $55.42 on Thursday. iShares Gold Trust has a 1 year low of $38.21 and a 1 year high of $55.49. The firm’s 50 day simple moving average is $51.46 and its 200 day simple moving average is $49.98.

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.