Altiora Financial Group LLC Purchases 28,477 Shares of iShares Gold Trust (NYSEARCA:IAU)

Altiora Financial Group LLC raised its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 17.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 196,079 shares of the exchange traded fund’s stock after purchasing an additional 28,477 shares during the quarter. iShares Gold Trust accounts for approximately 2.2% of Altiora Financial Group LLC’s holdings, making the stock its 12th biggest position. Altiora Financial Group LLC’s holdings in iShares Gold Trust were worth $8,237,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IAU. Private Ocean LLC purchased a new position in iShares Gold Trust during the first quarter valued at $29,000. ORG Partners LLC bought a new position in shares of iShares Gold Trust during the 4th quarter valued at approximately $28,000. Pingora Partners LLC purchased a new stake in iShares Gold Trust in the 4th quarter worth approximately $31,000. Signature Resources Capital Management LLC bought a new stake in iShares Gold Trust during the 4th quarter worth approximately $32,000. Finally, Chilton Capital Management LLC lifted its holdings in iShares Gold Trust by 162.8% during 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 in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.1 %

IAU traded up $0.49 during trading on Wednesday, reaching $44.55. 3,019,734 shares of the company traded hands, compared to its average volume of 6,341,052. iShares Gold Trust has a 12-month low of $34.35 and a 12-month high of $46.08. The firm has a fifty day simple moving average of $44.18 and a 200 day simple moving average of $41.53.

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.