184,859 Shares in iShares Gold Trust (NYSEARCA:IAU) Purchased by Sapient Capital LLC

Sapient Capital LLC bought a new stake in iShares Gold Trust (NYSEARCA:IAU) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 184,859 shares of the exchange traded fund’s stock, valued at approximately $7,215,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of IAU. Signature Resources Capital Management LLC purchased a new stake in shares of iShares Gold Trust during the 4th quarter valued at $32,000. U.S. Capital Wealth Advisors LLC boosted its holdings in iShares Gold Trust by 6.1% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 8,911 shares of the exchange traded fund’s stock valued at $348,000 after acquiring an additional 515 shares during the last quarter. Merit Financial Group LLC grew its position in iShares Gold Trust by 111.2% during the fourth quarter. Merit Financial Group LLC now owns 18,215 shares of the exchange traded fund’s stock valued at $711,000 after acquiring an additional 9,592 shares during the period. Benjamin F. Edwards & Company Inc. increased its stake in iShares Gold Trust by 4.2% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 14,297 shares of the exchange traded fund’s stock worth $558,000 after acquiring an additional 579 shares during the last quarter. Finally, SouthState Corp raised its holdings in shares of iShares Gold Trust by 48.8% in the 4th quarter. SouthState Corp now owns 2,527 shares of the exchange traded fund’s stock worth $99,000 after purchasing an additional 829 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.1 %

Shares of NYSEARCA:IAU traded down $0.03 during trading on Friday, reaching $43.52. 10,297,347 shares of the stock were exchanged, compared to its average volume of 10,135,161. The firm’s 50-day moving average price is $42.32 and its 200 day moving average price is $39.59. iShares Gold Trust has a 12-month low of $34.35 and a 12-month high of $45.98.

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.