7,950 Shares in iShares Gold Trust (NYSEARCA:IAU) Bought by Disciplined Investors L.L.C.

Disciplined Investors L.L.C. purchased a new stake in iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,950 shares of the exchange traded fund’s stock, valued at approximately $399,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Tucker Asset Management LLC lifted its stake in shares of iShares Gold Trust by 106.9% in the fourth quarter. Tucker Asset Management LLC now owns 509 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 263 shares during the period. Compass Financial Services Inc bought a new position in iShares Gold Trust during the 4th quarter worth approximately $27,000. Wintrust Investments LLC bought a new position in iShares Gold Trust during the 4th quarter worth approximately $29,000. Financial Life Planners acquired a new position in shares of iShares Gold Trust in the 4th quarter worth approximately $33,000. Finally, Newbridge Financial Services Group Inc. bought a new stake in shares of iShares Gold Trust in the 4th quarter valued at $40,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.2 %

IAU opened at $58.95 on Thursday. The stock has a market cap of $42.59 billion, a PE ratio of -35.73 and a beta of 0.17. iShares Gold Trust has a twelve month low of $42.96 and a twelve month high of $59.55. The company has a fifty day moving average of $55.19 and a 200-day moving average of $51.94.

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.