Nilsine Partners LLC Makes New Investment in iShares Gold Trust (NYSEARCA:IAU)

Nilsine Partners LLC purchased a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 6,030 shares of the exchange traded fund’s stock, valued at approximately $299,000.

Several other institutional investors have also recently made changes to their positions in the company. Archer Investment Corp grew its position 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. Valued Wealth Advisors LLC grew its holdings in shares of iShares Gold Trust by 65.7% during the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 333 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of iShares Gold Trust by 127.0% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 635 shares in the last quarter. Global Trust Asset Management LLC increased its position in shares of iShares Gold Trust by 71.4% in the third quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 500 shares during the last quarter. Finally, Raleigh Capital Management Inc. raised its stake in iShares Gold Trust by 15,750.0% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock valued at $63,000 after purchasing an additional 1,260 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

IAU stock opened at $52.00 on Thursday. The firm has a 50 day simple moving average of $50.27 and a two-hundred day simple moving average of $49.10. iShares Gold Trust has a one year low of $37.53 and a one year high of $52.69.

iShares Gold Trust 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.