iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by New Republic Capital LLC

New Republic Capital LLC lifted its position in iShares Gold Trust (NYSEARCA:IAU) by 240.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,948 shares of the exchange traded fund’s stock after acquiring an additional 24,688 shares during the period. iShares Gold Trust accounts for approximately 1.1% of New Republic Capital LLC’s investment portfolio, making the stock its 22nd biggest holding. New Republic Capital LLC’s holdings in iShares Gold Trust were worth $1,730,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. TCP Asset Management LLC raised its stake in shares of iShares Gold Trust by 3.0% during the 3rd quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock valued at $332,000 after buying an additional 195 shares during the last quarter. Riggs Asset Managment Co. Inc. boosted its position in iShares Gold Trust by 1.2% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock worth $850,000 after purchasing an additional 212 shares in the last quarter. Baker Avenue Asset Management LP increased its stake in shares of iShares Gold Trust by 2.9% during the third quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 215 shares in the last quarter. SeaCrest Wealth Management LLC raised its position in shares of iShares Gold Trust by 2.7% in the fourth quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock valued at $410,000 after buying an additional 215 shares during the last quarter. Finally, Avaii Wealth Management LLC lifted its stake in shares of iShares Gold Trust by 1.7% in the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after buying an additional 249 shares in the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

IAU opened at $54.88 on Tuesday. iShares Gold Trust has a 1-year low of $37.53 and a 1-year high of $54.95. The company’s 50 day simple moving average is $50.78 and its two-hundred day simple moving average is $49.52.

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.