Syon Capital LLC Purchases 64,801 Shares of iShares Gold Trust (NYSEARCA:IAU)

Syon Capital LLC boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 17.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 431,379 shares of the exchange traded fund’s stock after acquiring an additional 64,801 shares during the period. iShares Gold Trust accounts for 1.2% of Syon Capital LLC’s investment portfolio, making the stock its 18th largest holding. Syon Capital LLC owned about 0.06% of iShares Gold Trust worth $16,837,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares Gold Trust Trading Up 0.3 %

Shares of NYSEARCA:IAU traded up $0.15 during trading on Friday, hitting $44.26. 6,038,235 shares of the company were exchanged, compared to its average volume of 6,848,585. The stock has a 50 day moving average of $41.66 and a 200 day moving average of $39.23. 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.