Firethorn Wealth Partners LLC Buys 2,698 Shares of iShares Gold Trust (NYSEARCA:IAU)

Firethorn Wealth Partners LLC increased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 61.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,086 shares of the exchange traded fund’s stock after purchasing an additional 2,698 shares during the period. Firethorn Wealth Partners LLC’s holdings in iShares Gold Trust were worth $351,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Gradient Investments LLC increased its stake in iShares Gold Trust by 1.4% during the 4th quarter. Gradient Investments LLC now owns 91,474 shares of the exchange traded fund’s stock worth $4,529,000 after acquiring an additional 1,272 shares during the period. Sachetta LLC grew its holdings in shares of iShares Gold Trust by 3.6% during the 4th quarter. Sachetta LLC now owns 41,520 shares of the exchange traded fund’s stock worth $2,056,000 after purchasing an additional 1,450 shares in the last quarter. CX Institutional increased its position in shares of iShares Gold Trust by 29.7% in the fourth quarter. CX Institutional now owns 13,132 shares of the exchange traded fund’s stock worth $650,000 after purchasing an additional 3,004 shares during the period. Sound Income Strategies LLC raised its stake in iShares Gold Trust by 30.2% in the fourth quarter. Sound Income Strategies LLC now owns 2,837 shares of the exchange traded fund’s stock valued at $140,000 after purchasing an additional 658 shares in the last quarter. Finally, ONE Advisory Partners LLC bought a new stake in iShares Gold Trust during the fourth quarter worth about $1,706,000. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU opened at $52.31 on Friday. The firm has a 50 day moving average of $50.09 and a 200-day moving average of $48.90. iShares Gold Trust has a 12 month low of $37.53 and a 12 month 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.