Leonard Rickey Investment Advisors P.L.L.C. Has $10.09 Million Stock Holdings in iShares Gold Trust (NYSEARCA:IAU)

Leonard Rickey Investment Advisors P.L.L.C. raised its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 188.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 240,083 shares of the exchange traded fund’s stock after buying an additional 156,790 shares during the period. iShares Gold Trust comprises about 2.6% of Leonard Rickey Investment Advisors P.L.L.C.’s investment portfolio, making the stock its 14th biggest holding. Leonard Rickey Investment Advisors P.L.L.C.’s holdings in iShares Gold Trust were worth $10,086,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of IAU. Private Ocean LLC purchased a new position in iShares Gold Trust in the first quarter valued at about $29,000. ORG Partners LLC bought a new position in iShares Gold Trust during 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. Signature Resources Capital Management LLC bought a new stake in iShares Gold Trust in the fourth quarter worth approximately $32,000. Finally, Chilton Capital Management LLC increased its stake in shares of iShares Gold Trust by 162.8% during the 4th quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 542 shares during the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Down 0.4 %

Shares of iShares Gold Trust stock traded down $0.16 during midday trading on Tuesday, reaching $43.90. 3,284,348 shares of the company’s stock traded hands, compared to its average volume of 6,356,972. iShares Gold Trust has a 52 week low of $34.35 and a 52 week high of $46.08. The company’s 50 day simple moving average is $44.18 and its 200 day simple moving average is $41.45.

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.