Clear Harbor Asset Management LLC Boosts Stake in iShares Gold Trust (NYSEARCA:IAU)

Clear Harbor Asset Management LLC lifted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 1.9% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 210,839 shares of the exchange traded fund’s stock after buying an additional 3,973 shares during the period. iShares Gold Trust makes up approximately 0.8% of Clear Harbor Asset Management LLC’s portfolio, making the stock its 27th biggest holding. Clear Harbor Asset Management LLC’s holdings in iShares Gold Trust were worth $10,439,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Archer Investment Corp grew its stake in iShares Gold Trust by 813.8% in the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 529 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its position in iShares Gold Trust by 127.0% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 635 shares during the period. Global Trust Asset Management LLC increased its holdings in iShares Gold Trust by 71.4% during the third quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 500 shares during the last quarter. McIlrath & Eck LLC increased its holdings in iShares Gold Trust by 34.3% during the third quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 341 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in iShares Gold Trust by 158.7% in the third quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock worth $72,000 after acquiring an additional 887 shares during the period. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

iShares Gold Trust stock opened at $50.99 on Tuesday. The firm has a 50 day moving average price of $49.87 and a 200-day moving average price of $48.76. 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.