Bull Oak Capital LLC Invests $79,000 in iShares Gold Trust (NYSEARCA:IAU)

Bull Oak Capital LLC acquired a new stake in iShares Gold Trust (NYSEARCA:IAU) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,592 shares of the exchange traded fund’s stock, valued at approximately $79,000.

A number of other institutional investors have also modified their holdings of the company. Private Ocean LLC acquired a new position in iShares Gold Trust during the first quarter valued at approximately $29,000. Global Trust Asset Management LLC lifted its holdings in shares of iShares Gold Trust by 250.0% during the 2nd quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 500 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new stake in iShares Gold Trust during the 2nd quarter worth $31,000. Opal Wealth Advisors LLC acquired a new stake in iShares Gold Trust in the 2nd quarter valued at $34,000. Finally, Pacifica Partners Inc. acquired a new stake in iShares Gold Trust in the 2nd quarter valued at $35,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.8 %

Shares of NYSEARCA IAU opened at $51.68 on Friday. iShares Gold Trust has a 12-month low of $36.57 and a 12-month high of $51.92. The stock has a fifty day moving average price of $48.90 and a 200 day moving average price of $46.16.

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.