iShares Gold Trust (NYSEARCA:IAU) is Arlington Capital Management Inc.’s 2nd Largest Position

Arlington Capital Management Inc. raised its position in iShares Gold Trust (NYSEARCA:IAU) by 13.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 294,216 shares of the exchange traded fund’s stock after purchasing an additional 35,666 shares during the quarter. iShares Gold Trust accounts for approximately 10.1% of Arlington Capital Management Inc.’s portfolio, making the stock its 2nd largest holding. Arlington Capital Management Inc.’s holdings in iShares Gold Trust were worth $14,567,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Citigroup Inc. increased its holdings in iShares Gold Trust by 72.9% in the 3rd quarter. Citigroup Inc. now owns 580,005 shares of the exchange traded fund’s stock valued at $28,826,000 after purchasing an additional 244,601 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of iShares Gold Trust by 81.0% during the 3rd quarter. Fisher Asset Management LLC now owns 10,351 shares of the exchange traded fund’s stock valued at $514,000 after buying an additional 4,632 shares during the period. Douglass Winthrop Advisors LLC purchased a new stake in shares of iShares Gold Trust during the 3rd quarter valued at about $928,000. Davis R M Inc. acquired a new stake in iShares Gold Trust in the third quarter valued at approximately $249,000. Finally, Blue Investment Partners LLC raised its stake in shares of iShares Gold Trust by 0.6% during the third quarter. Blue Investment Partners LLC now owns 78,949 shares of the exchange traded fund’s stock valued at $3,924,000 after purchasing an additional 476 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 0.5 %

Shares of IAU stock opened at $56.99 on Wednesday. The firm has a fifty day simple moving average of $54.36 and a 200-day simple moving average of $51.54. The company has a market capitalization of $40.83 billion, a PE ratio of -34.13 and a beta of 0.20. iShares Gold Trust has a twelve month low of $41.08 and a twelve month high of $57.59.

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.