5,670 Shares in iShares Gold Trust (NYSEARCA:IAU) Acquired by Pillar Financial Advisors LLC

Pillar Financial Advisors LLC purchased a new position in iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 5,670 shares of the exchange traded fund’s stock, valued at approximately $281,000.

Other large investors also recently added to or reduced their stakes in the company. Compass Financial Services Inc purchased a new position in iShares Gold Trust in the 4th quarter worth approximately $27,000. Archer Investment Corp raised its holdings in shares of iShares Gold Trust by 813.8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 529 shares in the last quarter. Financial Life Planners purchased a new stake in shares of iShares Gold Trust during the 4th quarter worth approximately $33,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of iShares Gold Trust during the 4th quarter worth approximately $40,000. Finally, Valued Wealth Advisors LLC raised its holdings in shares of iShares Gold Trust by 65.7% during the 4th quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 333 shares in the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

Shares of IAU opened at $54.91 on Friday. The stock has a market capitalization of $37.26 billion, a price-to-earnings ratio of -33.32 and a beta of 0.20. iShares Gold Trust has a 1 year low of $40.63 and a 1 year high of $55.70. The business’s 50 day simple moving average is $52.82 and its 200-day simple moving average is $50.72.

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.