iShares Gold Trust $IAU Holdings Increased by Apella Capital LLC

Apella Capital LLC boosted its position in iShares Gold Trust (NYSEARCA:IAUFree Report) by 22.7% in the first quarter, HoldingsChannel.com reports. The firm owned 40,489 shares of the exchange traded fund’s stock after purchasing an additional 7,492 shares during the quarter. Apella Capital LLC’s holdings in iShares Gold Trust were worth $3,698,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in IAU. Godfrey Financial Associates Inc. bought a new stake in iShares Gold Trust during the fourth quarter worth approximately $25,000. Monetary Solutions Ltd purchased a new stake in shares of iShares Gold Trust in the fourth quarter valued at $26,000. Rossby Financial LCC boosted its position in shares of iShares Gold Trust by 75.7% in the fourth quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 140 shares during the period. Gables Capital Management Inc. boosted its position in shares of iShares Gold Trust by 173.1% in the fourth quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 225 shares during the period. Finally, Motiv8 Investments LLC purchased a new position in shares of iShares Gold Trust during the fourth quarter valued at $29,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.0%

NYSEARCA:IAU opened at $75.71 on Friday. The firm has a market capitalization of $64.46 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 1-year low of $61.37 and a 1-year high of $104.40. The business’s fifty day moving average price is $84.51 and its 200 day moving average price is $87.65.

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About iShares Gold Trust

(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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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAUFree Report).

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

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