Lincoln National Corp Acquires 4,089 Shares of iShares Gold Trust (NYSEARCA:IAU)

Lincoln National Corp boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 7.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 55,847 shares of the exchange traded fund’s stock after acquiring an additional 4,089 shares during the period. Lincoln National Corp’s holdings in iShares Gold Trust were worth $2,180,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. ORG Partners LLC purchased a new stake in shares of iShares Gold Trust in the fourth quarter worth about $28,000. Signature Resources Capital Management LLC purchased a new position in shares of iShares Gold Trust in the fourth quarter valued at $32,000. North Star Investment Management Corp. raised its stake in iShares Gold Trust by 125.7% during the fourth quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 479 shares in the last quarter. Chilton Capital Management LLC lifted its position 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 during the last quarter. Finally, GAMMA Investing LLC purchased a new position in shares of iShares Gold Trust in the 4th quarter worth $38,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.1 %

Shares of NYSEARCA IAU traded up $0.04 during mid-day trading on Wednesday, hitting $43.80. 2,178,273 shares of the company’s stock traded hands, compared to its average volume of 6,905,841. iShares Gold Trust has a 1 year low of $34.35 and a 1 year high of $45.98. The company’s 50-day moving average is $42.54 and its two-hundred day moving average is $39.70.

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.