Omnia Family Wealth LLC grew its position in iShares Gold Trust (NYSEARCA:IAU – Get Rating) by 101.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 192,616 shares of the exchange traded fund's stock after buying an additional 97,093 shares during the quarter. iShares Gold Trust accounts for approximately 5.4% of Omnia Family Wealth LLC's holdings, making the stock its 4th biggest holding. Omnia Family Wealth LLC's holdings in iShares Gold Trust were worth $6,663,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Psagot Value Holdings Ltd. Israel acquired a new stake in shares of iShares Gold Trust during the third quarter valued at $32,000. Hexagon Capital Partners LLC boosted its stake in shares of iShares Gold Trust by 73.5% during the fourth quarter. Hexagon Capital Partners LLC now owns 928 shares of the exchange traded fund's stock valued at $32,000 after acquiring an additional 393 shares during the last quarter. Accurate Wealth Management LLC acquired a new stake in shares of iShares Gold Trust during the fourth quarter valued at $33,000. Valley National Advisers Inc. boosted its stake in shares of iShares Gold Trust by 98.2% during the third quarter. Valley National Advisers Inc. now owns 1,092 shares of the exchange traded fund's stock valued at $34,000 after acquiring an additional 541 shares during the last quarter. Finally, Fiduciary Alliance LLC acquired a new stake in shares of iShares Gold Trust during the fourth quarter valued at $36,000. Hedge funds and other institutional investors own 62.40% of the company's stock.

iShares Gold Trust Stock Up 0.4 %

Shares of IAU traded up $0.15 during trading hours on Wednesday, reaching $38.14. 1,240,634 shares of the company traded hands, compared to its average volume of 5,421,362. iShares Gold Trust has a fifty-two week low of $30.69 and a fifty-two week high of $38.52. The stock has a fifty day simple moving average of $36.09 and a 200 day simple moving average of $34.43.

iShares Gold Trust Company Profile

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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.

Further Reading

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