Signaturefd LLC boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 17.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 21,042 shares of the exchange traded fund’s stock after purchasing an additional 3,197 shares during the period. Signaturefd LLC’s holdings in iShares Gold Trust were worth $305,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently made changes to their positions in IAU. Capital Investment Advisory Services LLC grew its position in shares of iShares Gold Trust by 50.0% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 2,149 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 716 shares during the period. Bell Rock Capital LLC bought a new position in iShares Gold Trust during the fourth quarter valued at $34,000. Security National Trust Co. bought a new position in iShares Gold Trust during the fourth quarter valued at $40,000. Litman Gregory Asset Management LLC bought a new position in iShares Gold Trust during the fourth quarter valued at $48,000. Finally, JFS Wealth Advisors LLC purchased a new stake in iShares Gold Trust in the third quarter worth $46,000.
Shares of IAU traded up $0.06 during mid-day trading on Friday, hitting $15.13. The stock had a trading volume of 585,899 shares, compared to its average volume of 19,342,176. The business has a fifty day moving average price of $14.88 and a 200-day moving average price of $14.39. iShares Gold Trust has a 52 week low of $12.12 and a 52 week high of $15.19.
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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