Hamilton Point Investment Advisors LLC Increases Holdings in iShares Gold Trust (NYSEARCA:IAU)

Hamilton Point Investment Advisors LLC boosted its position in iShares Gold Trust (NYSEARCA:IAU) by 1.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,553 shares of the exchange traded fund’s stock after purchasing an additional 2,094 shares during the period. Hamilton Point Investment Advisors LLC’s holdings in iShares Gold Trust were worth $6,464,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quadrature Capital Ltd purchased a new stake in iShares Gold Trust in the 3rd quarter valued at approximately $95,801,000. JPMorgan Chase & Co. lifted its position in shares of iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock valued at $557,498,000 after acquiring an additional 981,362 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of iShares Gold Trust by 6,538.7% during the fourth quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock valued at $33,808,000 after acquiring an additional 672,568 shares during the last quarter. Kovitz Investment Group Partners LLC increased its position in iShares Gold Trust by 10,279.7% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock worth $33,128,000 after purchasing an additional 666,330 shares in the last quarter. Finally, Brave Asset Management Inc. purchased a new stake in iShares Gold Trust during the 3rd quarter worth about $26,169,000. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $52.76 on Friday. iShares Gold Trust has a 12-month low of $37.53 and a 12-month high of $52.81. The company’s 50-day moving average is $50.31 and its two-hundred day moving average is $49.12.

iShares Gold Trust 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.