Bull Oak Capital LLC Purchases New Position in iShares Gold Trust (NYSEARCA:IAU)

Bull Oak Capital LLC purchased a new stake in iShares Gold Trust (NYSEARCA:IAU) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 1,592 shares of the exchange traded fund’s stock, valued at approximately $79,000.

Several other large investors also recently modified their holdings of IAU. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of iShares Gold Trust by 8.0% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 24,619 shares of the exchange traded fund’s stock valued at $1,034,000 after purchasing an additional 1,830 shares in the last quarter. Concurrent Investment Advisors LLC raised its position in shares of iShares Gold Trust by 5.9% in the 1st quarter. Concurrent Investment Advisors LLC now owns 7,845 shares of the exchange traded fund’s stock valued at $330,000 after purchasing an additional 436 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of iShares Gold Trust by 13.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,446 shares of the exchange traded fund’s stock valued at $145,000 after purchasing an additional 396 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares Gold Trust by 15.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,518,705 shares of the exchange traded fund’s stock valued at $154,577,000 after purchasing an additional 479,796 shares in the last quarter. Finally, Whittier Trust Co. raised its position in shares of iShares Gold Trust by 0.9% in the 1st quarter. Whittier Trust Co. now owns 75,735 shares of the exchange traded fund’s stock valued at $3,181,000 after purchasing an additional 678 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 0.8 %

Shares of IAU opened at $51.68 on Friday. The business’s 50 day moving average is $48.90 and its two-hundred day moving average is $46.16. iShares Gold Trust has a 52-week low of $36.57 and a 52-week high of $51.92.

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.