iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by Sapient Capital LLC

Sapient Capital LLC raised its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 1.4% in the fourth quarter, HoldingsChannel reports. The firm owned 185,642 shares of the exchange traded fund’s stock after acquiring an additional 2,590 shares during the period. Sapient Capital LLC’s holdings in iShares Gold Trust were worth $9,191,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Soltis Investment Advisors LLC bought a new stake in shares of iShares Gold Trust during the fourth quarter valued at about $282,000. MBA Advisors LLC boosted its holdings in shares of iShares Gold Trust by 5.0% in the fourth quarter. MBA Advisors LLC now owns 140,531 shares of the exchange traded fund’s stock valued at $6,958,000 after acquiring an additional 6,649 shares in the last quarter. Savant Capital LLC increased its stake in shares of iShares Gold Trust by 26.2% during the fourth quarter. Savant Capital LLC now owns 31,253 shares of the exchange traded fund’s stock valued at $1,547,000 after acquiring an additional 6,494 shares during the period. MFA Wealth Advisors LLC raised its holdings in iShares Gold Trust by 10.5% during the fourth quarter. MFA Wealth Advisors LLC now owns 167,155 shares of the exchange traded fund’s stock worth $8,276,000 after purchasing an additional 15,833 shares in the last quarter. Finally, Wealthstar Advisors LLC bought a new position in iShares Gold Trust during the 4th quarter valued at $3,012,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

IAU opened at $54.88 on Tuesday. The stock’s fifty day moving average is $50.78 and its 200-day moving average is $49.52. iShares Gold Trust has a one year low of $37.53 and a one year high of $54.95.

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.