iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by Sharper & Granite LLC

Sharper & Granite LLC boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 139.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,715 shares of the exchange traded fund’s stock after acquiring an additional 13,810 shares during the quarter. Sharper & Granite LLC’s holdings in iShares Gold Trust were worth $1,174,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Archer Investment Corp lifted its stake in shares of iShares Gold Trust by 813.8% in the third 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. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of iShares Gold Trust by 127.0% in 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 purchasing an additional 635 shares in the last quarter. Global Trust Asset Management LLC raised its position in shares of 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 valued at $60,000 after purchasing an additional 500 shares in the last quarter. Zions Bancorporation N.A. boosted its stake in shares of iShares Gold Trust by 32.9% during the 2nd quarter. Zions Bancorporation N.A. now owns 1,442 shares of the exchange traded fund’s stock valued at $63,000 after buying an additional 357 shares during the last quarter. Finally, McIlrath & Eck LLC grew its position in shares of iShares Gold Trust by 34.3% during the third quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 341 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU stock opened at $50.25 on Tuesday. The firm has a fifty day moving average of $49.87 and a two-hundred day moving average of $48.57. iShares Gold Trust has a 1-year low of $37.53 and a 1-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.