iShares Gold Trust $IAU Shares Purchased by Apollon Wealth Management LLC

Apollon Wealth Management LLC raised its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 10.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 171,133 shares of the exchange traded fund’s stock after acquiring an additional 15,960 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares Gold Trust were worth $12,453,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Bay Harbor Wealth Management LLC increased its position in iShares Gold Trust by 63.6% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 55,530 shares of the exchange traded fund’s stock worth $4,041,000 after purchasing an additional 21,596 shares in the last quarter. Bryn Mawr Trust Advisors LLC boosted its stake in shares of iShares Gold Trust by 79.9% during the 2nd quarter. Bryn Mawr Trust Advisors LLC now owns 51,910 shares of the exchange traded fund’s stock worth $3,237,000 after purchasing an additional 23,054 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of iShares Gold Trust by 24.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 126,633 shares of the exchange traded fund’s stock worth $9,215,000 after purchasing an additional 25,146 shares during the last quarter. Americana Partners LLC grew its holdings in shares of iShares Gold Trust by 9.0% during the second quarter. Americana Partners LLC now owns 26,166 shares of the exchange traded fund’s stock worth $1,632,000 after buying an additional 2,158 shares in the last quarter. Finally, Stokes Family Office LLC raised its position in shares of iShares Gold Trust by 2.7% in the second quarter. Stokes Family Office LLC now owns 93,539 shares of the exchange traded fund’s stock valued at $5,833,000 after buying an additional 2,491 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU opened at $85.34 on Friday. iShares Gold Trust has a 1 year low of $49.00 and a 1 year high of $85.69. The company’s 50 day simple moving average is $78.66 and its 200 day simple moving average is $70.72. The company has a market capitalization of $70.33 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09.

iShares Gold Trust News Summary

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iShares Gold Trust Profile

(Free Report)

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. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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