40,551 Shares in iShares Gold Trust (NYSEARCA:IAU) Acquired by Buttonwood Financial Group LLC

Buttonwood Financial Group LLC acquired a new position in iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 40,551 shares of the exchange traded fund’s stock, valued at approximately $2,121,000. iShares Gold Trust comprises approximately 1.2% of Buttonwood Financial Group LLC’s holdings, making the stock its 14th largest position.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Csenge Advisory Group increased its holdings in iShares Gold Trust by 115.6% in the fourth quarter. Csenge Advisory Group now owns 18,110 shares of the exchange traded fund’s stock worth $897,000 after buying an additional 9,710 shares during the last quarter. Nkcfo LLC increased its holdings in iShares Gold Trust by 49.3% in the fourth quarter. Nkcfo LLC now owns 229,200 shares of the exchange traded fund’s stock worth $11,348,000 after buying an additional 75,650 shares during the last quarter. Strategic Financial Concepts LLC acquired a new position in iShares Gold Trust in the fourth quarter worth approximately $442,000. Allworth Financial LP increased its holdings in iShares Gold Trust by 29.8% in the fourth quarter. Allworth Financial LP now owns 266,862 shares of the exchange traded fund’s stock worth $13,885,000 after buying an additional 61,324 shares during the last quarter. Finally, Principal Securities Inc. increased its holdings in iShares Gold Trust by 46.6% in the fourth quarter. Principal Securities Inc. now owns 21,307 shares of the exchange traded fund’s stock worth $1,055,000 after buying an additional 6,775 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $54.46 on Monday. The stock’s 50 day moving average price is $51.28 and its 200 day moving average price is $49.83. iShares Gold Trust has a 52 week low of $37.76 and a 52 week high of $55.29.

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.