33,839 Shares in iShares Gold Trust (NYSEARCA:IAU) Purchased by OFC Financial Planning LLC

OFC Financial Planning LLC acquired a new stake in iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 33,839 shares of the exchange traded fund’s stock, valued at approximately $1,675,000. iShares Gold Trust makes up approximately 1.8% of OFC Financial Planning LLC’s investment portfolio, making the stock its 12th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IAU. Archer Investment Corp lifted 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 valued at $30,000 after buying an additional 529 shares during the period. Valued Wealth Advisors LLC raised its position in iShares Gold Trust by 65.7% in the fourth quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 333 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in iShares Gold Trust by 127.0% in 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 period. Global Trust Asset Management LLC boosted its position in shares of iShares Gold Trust by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 500 shares in the last quarter. Finally, Raleigh Capital Management Inc. grew its stake in shares of iShares Gold Trust by 15,750.0% during the 4th 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 period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.2 %

Shares of IAU opened at $52.87 on Friday. iShares Gold Trust has a 52-week low of $37.53 and a 52-week high of $53.18. The company has a 50-day simple moving average of $50.39 and a 200-day simple moving average of $49.20.

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.