Financial Architects Inc Buys 8,420 Shares of iShares Gold Trust (NYSEARCA:IAU) – Mitchell Messenger

Financial Architects Inc grew its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 168.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,406 shares of the exchange traded funds stock after buying an additional 8,420 shares during the quarter. Financial Architects Incs holdings in iShares Gold Trust were worth $189,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of IAU. First Allied Advisory Services Inc. increased its position in shares of iShares Gold Trust by 17.2% during the third quarter. First Allied Advisory Services Inc. now owns 106,183 shares of the exchange traded funds stock worth $1,499,000 after acquiring an additional 15,584 shares in the last quarter. Signet Investment Advisory Group Inc. increased its position in shares of iShares Gold Trust by 51.3% during the third quarter. Signet Investment Advisory Group Inc. now owns 478,490 shares of the exchange traded funds stock worth $6,747,000 after acquiring an additional 162,290 shares in the last quarter. Cetera Advisor Networks LLC increased its position in shares of iShares Gold Trust by 29.1% during the third quarter. Cetera Advisor Networks LLC now owns 235,017 shares of the exchange traded funds stock worth $3,319,000 after acquiring an additional 52,960 shares in the last quarter. Tiedemann Advisors LLC increased its position in shares of iShares Gold Trust by 15,407.9% during the third quarter. Tiedemann Advisors LLC now owns 1,550,788 shares of the exchange traded funds stock worth $21,867,000 after acquiring an additional 1,540,788 shares in the last quarter. Finally, D.A. Davidson & CO. increased its position in shares of iShares Gold Trust by 35.0% during the third quarter. D.A. Davidson & CO. now owns 124,578 shares of the exchange traded funds stock worth $1,757,000 after acquiring an additional 32,268 shares in the last quarter.

Shares of IAU stock opened at $13.98 on Friday. iShares Gold Trust has a 52-week low of $11.66 and a 52-week high of $14.90. The company has a 50-day simple moving average of $14.16 and a two-hundred day simple moving average of $13.78.

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 Trusts custodian on behalf of the Trust.

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Financial Architects Inc Buys 8,420 Shares of iShares Gold Trust (NYSEARCA:IAU) - Mitchell Messenger