Lantz Financial LLC Buys Shares of 10,900 iShares Gold Trust (NYSEARCA:IAU)

Lantz Financial LLC purchased a new position in shares of iShares Gold Trust (NYSEARCA:IAU) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 10,900 shares of the exchange traded fund’s stock, valued at approximately $540,000.

Several other large investors also recently modified their holdings of the stock. Archer Investment Corp boosted 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 purchasing an additional 529 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of iShares Gold Trust by 127.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 635 shares in the last quarter. Global Trust Asset Management LLC boosted its holdings in iShares Gold Trust by 71.4% in the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 500 shares during the period. Raleigh Capital Management Inc. grew its stake in iShares Gold Trust by 15,750.0% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock valued at $63,000 after buying an additional 1,260 shares in the last quarter. Finally, McIlrath & Eck LLC raised its holdings in iShares Gold Trust by 34.3% during the 3rd quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock valued at $66,000 after acquiring an additional 341 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.6 %

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

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.