International Assets Investment Management LLC Acquires New Holdings in iShares Gold Trust (NYSEARCA:IAU)

International Assets Investment Management LLC bought a new stake in iShares Gold Trust (NYSEARCA:IAU) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 184,768 shares of the exchange traded fund’s stock, valued at approximately $7,211,000.

Several other hedge funds also recently bought and sold shares of the company. North Star Investment Management Corp. raised its stake in iShares Gold Trust by 125.7% during the 4th quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 479 shares during the period. Chilton Capital Management LLC raised its position in shares of iShares Gold Trust by 162.8% during the fourth quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 542 shares during the period. Tompkins Financial Corp bought a new position in shares of iShares Gold Trust during the 4th quarter valued at about $57,000. Planned Solutions Inc. bought a new position in shares of iShares Gold Trust during the 4th quarter valued at about $58,000. Finally, SouthState Corp grew its position in shares of iShares Gold Trust by 2,291.5% in the 3rd quarter. SouthState Corp now owns 1,698 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 1,627 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $43.96 on Tuesday. iShares Gold Trust has a 52 week low of $34.35 and a 52 week high of $45.98. The company’s 50 day moving average price is $42.43 and its two-hundred day moving average price is $39.66.

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.