Chemistry Wealth Management LLC Increases Position in iShares Gold Trust (NYSEARCA:IAU)

Chemistry Wealth Management LLC lifted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 301,586 shares of the exchange traded fund’s stock after purchasing an additional 2,464 shares during the quarter. iShares Gold Trust accounts for 3.5% of Chemistry Wealth Management LLC’s portfolio, making the stock its 6th largest position. Chemistry Wealth Management LLC’s holdings in iShares Gold Trust were worth $14,932,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Archer Investment Corp lifted its position in iShares Gold Trust by 813.8% in the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 529 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its position in iShares Gold Trust by 127.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 635 shares in the last quarter. Global Trust Asset Management LLC lifted its position in iShares Gold Trust by 71.4% in the 3rd quarter. Global Trust Asset Management LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $60,000 after acquiring an additional 500 shares in the last quarter. McIlrath & Eck LLC lifted its position in iShares Gold Trust by 34.3% in the 3rd quarter. McIlrath & Eck LLC now owns 1,335 shares of the exchange traded fund’s stock valued at $66,000 after acquiring an additional 341 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in iShares Gold Trust by 158.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,446 shares of the exchange traded fund’s stock valued at $72,000 after acquiring an additional 887 shares in the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Trading Down 0.5 %

Shares of IAU stock opened at $50.99 on Friday. iShares Gold Trust has a 1 year low of $37.53 and a 1 year high of $52.69. The firm’s fifty day moving average price is $49.87 and its two-hundred day moving average price is $48.70.

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.