Golden State Equity Partners grew its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 4.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,152 shares of the exchange traded fund’s stock after acquiring an additional 929 shares during the quarter. Golden State Equity Partners’ holdings in iShares Gold Trust were worth $1,097,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. AQR Capital Management LLC acquired a new stake in iShares Gold Trust in the 2nd quarter valued at approximately $683,000. Park Avenue Securities LLC lifted its position in shares of iShares Gold Trust by 16.5% in the third quarter. Park Avenue Securities LLC now owns 10,286 shares of the exchange traded fund’s stock worth $511,000 after purchasing an additional 1,459 shares in the last quarter. GAMMA Investing LLC boosted its holdings in iShares Gold Trust by 158.7% during the third quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock worth $72,000 after purchasing an additional 887 shares during the last quarter. Diversified Trust Co grew its position in iShares Gold Trust by 17.4% in the third quarter. Diversified Trust Co now owns 6,506 shares of the exchange traded fund’s stock valued at $323,000 after purchasing an additional 963 shares in the last quarter. Finally, Chemistry Wealth Management LLC grew its position in iShares Gold Trust by 0.4% in the third quarter. Chemistry Wealth Management LLC now owns 299,122 shares of the exchange traded fund’s stock valued at $14,866,000 after purchasing an additional 1,293 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.
iShares Gold Trust Price Performance
Shares of NYSEARCA:IAU opened at $52.87 on Friday. The company’s 50-day moving average price is $50.39 and its two-hundred day moving average price is $49.21. iShares Gold Trust has a one year low of $37.53 and a one year high of $53.18.
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.
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