iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated boosted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 182.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,987 shares of the exchange traded fund’s stock after acquiring an additional 26,469 shares during the quarter. Silver Oak Securities Incorporated’s holdings in iShares Gold Trust were worth $2,053,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its stake in iShares Gold Trust by 71.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 476,197 shares of the exchange traded fund’s stock worth $18,586,000 after buying an additional 198,034 shares during the period. Private Ocean LLC purchased a new stake in shares of iShares Gold Trust during the first quarter worth $29,000. Kathleen S. Wright Associates Inc. purchased a new position in iShares Gold Trust in the first quarter valued at $246,000. Legend Financial Advisors Inc. grew its stake in iShares Gold Trust by 0.6% during the 1st quarter. Legend Financial Advisors Inc. now owns 290,865 shares of the exchange traded fund’s stock worth $12,219,000 after purchasing an additional 1,785 shares in the last quarter. Finally, Foguth Wealth Management LLC. purchased a new stake in iShares Gold Trust during the 1st quarter worth about $4,890,000. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 0.8 %

Shares of IAU opened at $51.68 on Friday. iShares Gold Trust has a 1 year low of $36.57 and a 1 year high of $51.92. The stock has a 50-day simple moving average of $48.90 and a 200-day simple moving average of $46.16.

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.