New Republic Capital LLC Has $1.73 Million Holdings in iShares Gold Trust (NYSEARCA:IAU)

New Republic Capital LLC boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 240.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,948 shares of the exchange traded fund’s stock after acquiring an additional 24,688 shares during the quarter. iShares Gold Trust accounts for 1.1% of New Republic Capital LLC’s portfolio, making the stock its 22nd largest position. New Republic Capital LLC’s holdings in iShares Gold Trust were worth $1,730,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sanchez Wealth Management Group acquired a new stake in iShares Gold Trust in the 4th quarter valued at $228,000. JPMorgan Chase & Co. increased its position in shares of iShares Gold Trust by 9.6% in 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 acquiring an additional 981,362 shares during the last quarter. Independent Family Office LLC increased its position in shares of iShares Gold Trust by 4.1% in the third 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 last quarter. Silverleafe Capital Partners LLC raised its holdings in iShares Gold Trust by 0.4% during the fourth 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 in the last quarter. Finally, Merit Financial Group LLC boosted its position in iShares Gold Trust by 177.6% during the fourth quarter. Merit Financial Group LLC now owns 51,538 shares of the exchange traded fund’s stock valued at $2,552,000 after purchasing an additional 32,975 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 1.7 %

NYSEARCA:IAU opened at $54.88 on Tuesday. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $54.95. The stock’s 50 day moving average price is $50.78 and its two-hundred day moving average price is $49.52.

iShares Gold Trust Company 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.