329,144 Shares in iShares Gold Trust (NYSEARCA:IAU) Acquired by AllGen Financial Advisors Inc.

AllGen Financial Advisors Inc. bought a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 329,144 shares of the exchange traded fund’s stock, valued at approximately $12,846,000. iShares Gold Trust accounts for about 6.7% of AllGen Financial Advisors Inc.’s portfolio, making the stock its 4th biggest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ORG Partners LLC purchased a new position in iShares Gold Trust during the fourth quarter valued at approximately $28,000. Signature Resources Capital Management LLC purchased a new position in shares of iShares Gold Trust during the 4th quarter valued at $32,000. North Star Investment Management Corp. increased its holdings in shares of iShares Gold Trust by 125.7% in the fourth quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 479 shares during the period. Chilton Capital Management LLC raised its position in shares of iShares Gold Trust by 162.8% in the fourth quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 542 shares in the last quarter. Finally, GAMMA Investing LLC bought a new stake in iShares Gold Trust during the fourth quarter valued at $38,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.1 %

iShares Gold Trust stock traded down $0.03 during mid-day trading on Friday, hitting $43.52. 10,297,347 shares of the company traded hands, compared to its average volume of 10,135,161. iShares Gold Trust has a one year low of $34.35 and a one year high of $45.98. The stock has a fifty day moving average price of $42.32 and a 200-day moving average price of $39.61.

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.