Valicenti Advisory Services Inc. Purchases 480 Shares of iShares Gold Trust (NYSEARCA:IAU)

Valicenti Advisory Services Inc. increased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 10.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,880 shares of the exchange traded fund’s stock after acquiring an additional 480 shares during the quarter. Valicenti Advisory Services Inc.’s holdings in iShares Gold Trust were worth $242,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Archer Investment Corp boosted its stake 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 purchasing an additional 529 shares during the last quarter. Valued Wealth Advisors LLC lifted its holdings 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 valued at $42,000 after buying an additional 333 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its stake 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 last quarter. Global Trust Asset Management LLC boosted its stake in iShares Gold Trust by 71.4% in the third quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $60,000 after acquiring an additional 500 shares during the last quarter. Finally, Raleigh Capital Management Inc. grew its holdings in 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 acquiring an additional 1,260 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $52.06 on Wednesday. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $52.69. The stock’s fifty day simple moving average is $50.27 and its 200-day simple moving average is $49.10.

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.