Hamilton Wealth LLC Has $7.72 Million Holdings in iShares Gold Trust (NYSEARCA:IAU)

Hamilton Wealth LLC grew its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 3.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 183,654 shares of the exchange traded fund’s stock after acquiring an additional 6,110 shares during the period. iShares Gold Trust accounts for 2.4% of Hamilton Wealth LLC’s holdings, making the stock its 13th largest position. Hamilton Wealth LLC’s holdings in iShares Gold Trust were worth $7,715,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of IAU. Private Ocean LLC bought a new position in shares of iShares Gold Trust during the first quarter worth approximately $29,000. ORG Partners LLC acquired a new stake in iShares Gold Trust in the fourth quarter valued at approximately $28,000. Pingora Partners LLC acquired a new stake in iShares Gold Trust in the fourth quarter valued at approximately $31,000. YHB Investment Advisors Inc. acquired a new position in shares of iShares Gold Trust during the first quarter worth $33,000. Finally, Signature Resources Capital Management LLC acquired a new position in shares of iShares Gold Trust during the fourth quarter worth $32,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU traded down $0.09 during mid-day trading on Friday, reaching $46.05. 12,300,132 shares of the company’s stock were exchanged, compared to its average volume of 4,303,228. The business’s fifty day moving average price is $44.67 and its 200-day moving average price is $42.56. iShares Gold Trust has a twelve month low of $34.35 and a twelve month high of $46.93.

iShares Gold Trust Company 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.