Fairvoy Private Wealth LLC Acquires New Position in iShares Gold Trust (NYSEARCA:IAU)

Fairvoy Private Wealth LLC purchased a new position in shares of iShares Gold Trust (NYSEARCA:IAU) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,884 shares of the exchange traded fund’s stock, valued at approximately $440,000.

A number of other institutional investors and hedge funds have also bought and sold shares of IAU. Archer Investment Corp raised its holdings in shares of iShares Gold Trust by 813.8% in 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 during the last quarter. Financial Life Planners purchased a new stake in iShares Gold Trust during the 4th quarter worth about $33,000. Valued Wealth Advisors LLC boosted its stake in iShares Gold Trust by 65.7% during the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 333 shares during the period. Independence Bank of Kentucky bought a new position in iShares Gold Trust in the fourth quarter valued at $52,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in 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 valued at $56,000 after acquiring an additional 635 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

Shares of iShares Gold Trust stock opened at $53.89 on Friday. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $54.40. The company’s fifty day simple moving average is $50.63 and its two-hundred day simple moving average is $49.38.

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.