Arkansas Financial Group Inc. Grows Stock Position in iShares Gold Trust (NYSEARCA:IAU)

Arkansas Financial Group Inc. boosted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 38.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,650 shares of the exchange traded fund’s stock after buying an additional 2,959 shares during the quarter. Arkansas Financial Group Inc.’s holdings in iShares Gold Trust were worth $527,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Archer Investment Corp boosted its holdings in iShares Gold Trust by 813.8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 529 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of iShares Gold Trust by 127.0% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 635 shares during the last quarter. Global Trust Asset Management LLC boosted its stake in shares of iShares Gold Trust by 71.4% during the third 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 during the period. Raleigh Capital Management Inc. grew its holdings in shares of iShares Gold Trust by 15,750.0% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock worth $63,000 after purchasing an additional 1,260 shares during the last quarter. Finally, McIlrath & Eck LLC increased its stake in iShares Gold Trust by 34.3% in the 3rd 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 during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.1 %

Shares of IAU opened at $51.98 on Friday. iShares Gold Trust has a 1-year low of $37.53 and a 1-year high of $52.69. The company has a 50-day moving average of $50.02 and a 200 day moving average of $48.88.

iShares Gold Trust Company 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.