Arlington Capital Management Inc. Acquires 35,666 Shares of iShares Gold Trust (NYSEARCA:IAU)

Arlington Capital Management Inc. boosted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 13.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 294,216 shares of the exchange traded fund’s stock after acquiring an additional 35,666 shares during the period. iShares Gold Trust comprises 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 as of its most recent SEC filing.

Several other large investors have also modified their holdings of IAU. Quadrant Private Wealth Management LLC lifted its holdings in iShares Gold Trust by 2.3% in the 4th quarter. Quadrant Private Wealth Management LLC now owns 8,596 shares of the exchange traded fund’s stock valued at $426,000 after purchasing an additional 195 shares in the last quarter. TPG Advisors LLC boosted its position in iShares Gold Trust by 0.7% during the fourth quarter. TPG Advisors LLC now owns 28,025 shares of the exchange traded fund’s stock worth $1,388,000 after acquiring an additional 199 shares during the last quarter. Riggs Asset Managment Co. Inc. grew its stake in iShares Gold Trust by 1.2% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 17,269 shares of the exchange traded fund’s stock worth $850,000 after acquiring an additional 212 shares during the period. SeaCrest Wealth Management LLC raised its holdings in iShares Gold Trust by 2.7% in the 4th quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock valued at $410,000 after acquiring an additional 215 shares during the last quarter. Finally, Howard Financial Services LTD. lifted its stake in shares of iShares Gold Trust by 3.2% during the 4th quarter. Howard Financial Services LTD. now owns 8,024 shares of the exchange traded fund’s stock worth $397,000 after purchasing an additional 250 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 0.5 %

Shares of NYSEARCA:IAU opened at $56.99 on Wednesday. The company has a market cap of $40.83 billion, a P/E ratio of -34.13 and a beta of 0.20. The business has a fifty day simple moving average of $54.36 and a 200-day simple moving average of $51.54. iShares Gold Trust has a 52 week low of $41.08 and a 52 week high of $57.59.

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.