Lantz Financial LLC Makes New $540,000 Investment in iShares Gold Trust (NYSEARCA:IAU)

Lantz Financial LLC acquired a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 10,900 shares of the exchange traded fund’s stock, valued at approximately $540,000.

A number of other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of iShares Gold Trust by 9.6% during the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after buying an additional 981,362 shares during the last quarter. Independent Family Office LLC boosted its holdings in iShares Gold Trust by 4.1% during the 3rd quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock valued at $21,155,000 after acquiring an additional 16,827 shares during the period. Silverleafe Capital Partners LLC grew its position in iShares Gold Trust by 0.4% during the 4th quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock worth $9,329,000 after acquiring an additional 689 shares during the last quarter. Merit Financial Group LLC increased its stake in iShares Gold Trust by 177.6% in the 4th quarter. Merit Financial Group LLC now owns 51,538 shares of the exchange traded fund’s stock worth $2,552,000 after purchasing an additional 32,975 shares during the period. Finally, International Assets Investment Management LLC lifted its position in iShares Gold Trust by 4,843.7% in the third quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock valued at $11,632,000 after purchasing an additional 229,303 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $52.31 on Friday. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $52.69. The business has a 50 day moving average price of $50.09 and a 200-day moving average price of $48.90.

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.