XR Securities LLC Increases Holdings in iShares Gold Trust (NYSEARCA:IAU)

XR Securities LLC lifted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 29.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,869 shares of the exchange traded fund’s stock after purchasing an additional 15,972 shares during the quarter. iShares Gold Trust accounts for about 0.1% of XR Securities LLC’s investment portfolio, making the stock its 21st biggest holding. XR Securities LLC’s holdings in iShares Gold Trust were worth $2,766,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Redhawk Wealth Advisors Inc. raised its stake in shares of iShares Gold Trust by 2.4% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 11,390 shares of the exchange traded fund’s stock worth $445,000 after purchasing an additional 262 shares during the last quarter. Ieq Capital LLC increased its position in iShares Gold Trust by 0.7% during the third quarter. Ieq Capital LLC now owns 41,123 shares of the exchange traded fund’s stock valued at $1,439,000 after acquiring an additional 266 shares during the last quarter. Asset Dedication LLC increased its position in iShares Gold Trust by 2.5% during the third quarter. Asset Dedication LLC now owns 11,334 shares of the exchange traded fund’s stock valued at $396,000 after acquiring an additional 278 shares during the last quarter. Geneos Wealth Management Inc. increased its position in iShares Gold Trust by 10.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 3,050 shares of the exchange traded fund’s stock valued at $119,000 after acquiring an additional 282 shares during the last quarter. Finally, First Financial Corp IN increased its position in iShares Gold Trust by 19.9% during the fourth quarter. First Financial Corp IN now owns 1,715 shares of the exchange traded fund’s stock valued at $67,000 after acquiring an additional 285 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.1 %

iShares Gold Trust stock traded down $0.05 during mid-day trading on Wednesday, reaching $43.86. 5,177,836 shares of the stock traded hands, compared to its average volume of 6,843,895. iShares Gold Trust has a 12-month low of $34.35 and a 12-month high of $45.98. The business’s 50-day moving average is $41.54 and its 200-day moving average is $39.20.

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.