Financial Life Planners Buys New Position in iShares Gold Trust (NYSEARCA:IAU)

Financial Life Planners purchased a new position in iShares Gold Trust (NYSEARCA:IAU) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 675 shares of the exchange traded fund’s stock, valued at approximately $33,000.

A number of other large investors have also modified their holdings of the business. Wealthspan Partners LLC grew its position in iShares Gold Trust by 2.2% during the 4th quarter. Wealthspan Partners LLC now owns 117,748 shares of the exchange traded fund’s stock worth $5,830,000 after purchasing an additional 2,533 shares during the last quarter. Resonant Capital Advisors LLC grew its holdings in shares of iShares Gold Trust by 0.3% during the fourth quarter. Resonant Capital Advisors LLC now owns 245,960 shares of the exchange traded fund’s stock valued at $12,177,000 after buying an additional 704 shares during the last quarter. JB Capital LLC increased its position in shares of iShares Gold Trust by 2,939.6% in the 4th quarter. JB Capital LLC now owns 185,598 shares of the exchange traded fund’s stock valued at $9,189,000 after acquiring an additional 179,492 shares during the period. Alterna Wealth Management Inc. purchased a new position in iShares Gold Trust in the 4th quarter worth $1,052,000. Finally, Horst & Graben Wealth Management LLC acquired a new stake in iShares Gold Trust during the 4th quarter worth about $1,601,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU stock opened at $53.17 on Tuesday. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $53.44. The stock’s 50-day simple moving average is $50.39 and its 200-day simple moving average is $49.23.

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.