Silverleafe Capital Partners LLC Raises Stock Position in iShares Gold Trust (NYSEARCA:IAU)

Silverleafe Capital Partners LLC grew its stake in iShares Gold Trust (NYSEARCA:IAU) by 0.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 188,431 shares of the exchange traded fund’s stock after purchasing an additional 689 shares during the quarter. iShares Gold Trust makes up 3.0% of Silverleafe Capital Partners LLC’s holdings, making the stock its 10th largest holding. Silverleafe Capital Partners LLC’s holdings in iShares Gold Trust were worth $9,329,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of IAU. Natixis Advisors LLC grew its stake in shares of iShares Gold Trust by 9.4% in the second quarter. Natixis Advisors LLC now owns 19,779 shares of the exchange traded fund’s stock valued at $869,000 after buying an additional 1,696 shares in the last quarter. Parkside Financial Bank & Trust acquired a new stake in iShares Gold Trust in the 2nd quarter valued at about $145,000. Private Advisor Group LLC increased its position in iShares Gold Trust by 9.7% during the second quarter. Private Advisor Group LLC now owns 152,779 shares of the exchange traded fund’s stock worth $6,712,000 after buying an additional 13,522 shares during the last quarter. Savant Capital LLC raised its stake in iShares Gold Trust by 31.4% in the second quarter. Savant Capital LLC now owns 15,793 shares of the exchange traded fund’s stock valued at $694,000 after buying an additional 3,770 shares during the period. Finally, Lake Street Advisors Group LLC lifted its position in shares of iShares Gold Trust by 5.3% in the second quarter. Lake Street Advisors Group LLC now owns 24,083 shares of the exchange traded fund’s stock valued at $1,058,000 after buying an additional 1,216 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.1 %

Shares of IAU stock traded down $0.06 during trading on Monday, reaching $49.73. 2,477,140 shares of the company’s stock were exchanged, compared to its average volume of 3,254,143. The firm’s fifty day moving average price is $50.08 and its 200-day moving average price is $48.31. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $52.69.

iShares Gold Trust 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.