XR Securities LLC Buys 15,972 Shares of iShares Gold Trust (NYSEARCA:IAU)

XR Securities LLC raised its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 29.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,869 shares of the exchange traded fund’s stock after acquiring an additional 15,972 shares during the quarter. iShares Gold Trust makes up about 0.1% of XR Securities LLC’s portfolio, making the stock its 21st biggest position. XR Securities LLC’s holdings in iShares Gold Trust were worth $2,766,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of IAU. ORG Partners LLC acquired a new stake in shares of iShares Gold Trust in the 4th quarter worth $28,000. North Star Investment Management Corp. boosted its position in shares of iShares Gold Trust by 125.7% in the 4th quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 479 shares in the last quarter. Chilton Capital Management LLC boosted its position in shares of iShares Gold Trust by 162.8% in the 4th quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 542 shares in the last quarter. GAMMA Investing LLC acquired a new stake in shares of iShares Gold Trust in the 4th quarter worth $38,000. Finally, Tompkins Financial Corp purchased a new position in iShares Gold Trust in the 4th quarter worth $57,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

IAU stock traded down $0.05 during midday trading on Wednesday, reaching $43.86. The stock had a trading volume of 5,177,836 shares, compared to its average volume of 6,843,895. The firm has a fifty day simple moving average of $41.54 and a two-hundred day simple moving average of $39.20. iShares Gold Trust has a 52-week low of $34.35 and a 52-week high of $45.98.

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.