iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by Stablepoint Partners LLC

Stablepoint Partners LLC grew its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 171,262 shares of the exchange traded fund’s stock after purchasing an additional 280 shares during the quarter. iShares Gold Trust makes up about 1.6% of Stablepoint Partners LLC’s portfolio, making the stock its 10th biggest holding. Stablepoint Partners LLC’s holdings in iShares Gold Trust were worth $8,479,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. JPMorgan Chase & Co. raised its holdings in shares of iShares Gold Trust by 9.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after acquiring an additional 981,362 shares during the period. Independent Family Office LLC raised its stake in iShares Gold Trust by 4.1% during the third quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock worth $21,155,000 after purchasing an additional 16,827 shares during the period. Silverleafe Capital Partners LLC boosted its holdings in iShares Gold Trust by 0.4% in the 4th quarter. Silverleafe Capital Partners LLC now owns 188,431 shares of the exchange traded fund’s stock valued at $9,329,000 after purchasing an additional 689 shares during the last quarter. Merit Financial Group LLC boosted its holdings in iShares Gold Trust by 177.6% in the 4th quarter. Merit Financial Group LLC now owns 51,538 shares of the exchange traded fund’s stock valued at $2,552,000 after purchasing an additional 32,975 shares during the last quarter. Finally, International Assets Investment Management LLC grew its stake in shares of iShares Gold Trust by 4,843.7% in the 3rd quarter. International Assets Investment Management LLC now owns 234,037 shares of the exchange traded fund’s stock valued at $11,632,000 after buying an additional 229,303 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 NYSEARCA IAU opened at $52.31 on Friday. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $52.69. The company has a 50 day simple moving average of $50.17 and a 200-day simple moving average of $48.95.

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.