iShares Gold Trust (NYSEARCA:IAU) Stock Position Lifted by Farmers & Merchants Investments Inc.

Farmers & Merchants Investments Inc. boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 2.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,587 shares of the exchange traded fund’s stock after buying an additional 411 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in iShares Gold Trust were worth $722,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of IAU. Archer Investment Corp raised its holdings in shares of iShares Gold Trust by 813.8% during the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 529 shares in the last quarter. Financial Life Planners purchased a new stake in shares of iShares Gold Trust during the 4th quarter worth about $33,000. Valued Wealth Advisors LLC grew its stake in shares of iShares Gold Trust by 65.7% in the 4th 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 in the last quarter. Independence Bank of Kentucky bought a new stake in shares of iShares Gold Trust in the 4th quarter valued at approximately $52,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased 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 worth $56,000 after buying an additional 635 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.1 %

NYSEARCA IAU opened at $53.97 on Friday. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $54.48. The company has a 50 day moving average price of $50.78 and a two-hundred day moving average price of $49.47.

About iShares Gold Trust

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.