Choreo LLC Acquires 7,745 Shares of iShares Gold Trust (NYSEARCA:IAU)

Choreo LLC boosted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 8.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 104,230 shares of the exchange traded fund’s stock after purchasing an additional 7,745 shares during the period. Choreo LLC’s holdings in iShares Gold Trust were worth $4,068,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. ORG Partners LLC acquired a new stake in shares of iShares Gold Trust during the fourth quarter worth $28,000. North Star Investment Management Corp. grew its position in iShares Gold Trust by 125.7% during the 4th quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 479 shares during the last quarter. Chilton Capital Management LLC raised its holdings in iShares Gold Trust by 162.8% in the 4th quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 542 shares during the last quarter. GAMMA Investing LLC bought a new position in shares of iShares Gold Trust during the fourth quarter valued at $38,000. Finally, Tompkins Financial Corp acquired a new position in iShares Gold Trust during the 4th quarter worth about $57,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $43.57 on Tuesday. iShares Gold Trust has a 1 year low of $34.35 and a 1 year high of $45.98. The business’s 50-day moving average is $41.91 and its 200-day moving average is $39.41.

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.