Muirfield Wealth Advisors LLC Takes Position in iShares Gold Trust (NYSEARCA:IAU)

Muirfield Wealth Advisors LLC purchased a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 18,383 shares of the exchange traded fund’s stock, valued at approximately $717,000.

Several other hedge funds and other institutional investors also recently modified their holdings of IAU. ORG Partners LLC bought a new stake in shares of iShares Gold Trust during the fourth quarter valued at about $28,000. Pingora Partners LLC bought a new stake in iShares Gold Trust in the fourth quarter worth about $31,000. Signature Resources Capital Management LLC bought a new stake in iShares Gold Trust in the fourth quarter worth about $32,000. North Star Investment Management Corp. raised its position in iShares Gold Trust by 125.7% in the fourth quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 479 shares in the last quarter. Finally, Chilton Capital Management LLC raised its position in iShares Gold Trust by 162.8% in the fourth quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 542 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

iShares Gold Trust stock traded down $0.25 during midday trading on Monday, hitting $43.83. The company’s stock had a trading volume of 3,282,783 shares, compared to its average volume of 6,555,787. The stock’s 50-day moving average price is $44.33 and its 200-day moving average price is $41.05. iShares Gold Trust has a 12 month low of $34.35 and a 12 month high of $46.08.

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.