iShares Gold Trust (NYSEARCA:IAU) Shares Purchased by Apollon Wealth Management LLC

Apollon Wealth Management LLC boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 0.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 104,093 shares of the exchange traded fund’s stock after purchasing an additional 347 shares during the period. Apollon Wealth Management LLC’s holdings in iShares Gold Trust were worth $5,154,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IAU. Apollon Financial LLC lifted its stake in iShares Gold Trust by 10.2% during the 4th quarter. Apollon Financial LLC now owns 58,742 shares of the exchange traded fund’s stock worth $2,908,000 after acquiring an additional 5,432 shares in the last quarter. Quattro Financial Advisors LLC purchased a new stake in iShares Gold Trust during the fourth quarter worth about $203,000. BLB&B Advisors LLC acquired a new stake in shares of iShares Gold Trust during the fourth quarter worth about $252,000. Golden State Wealth Management LLC purchased a new position in shares of iShares Gold Trust in the fourth quarter valued at approximately $194,000. Finally, FFG Partners LLC boosted its stake in shares of iShares Gold Trust by 1.4% in the fourth quarter. FFG Partners LLC now owns 29,700 shares of the exchange traded fund’s stock valued at $1,470,000 after purchasing an additional 400 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

IAU stock opened at $53.97 on Friday. iShares Gold Trust has a fifty-two week low of $37.53 and a fifty-two week high of $54.48. The company’s 50 day moving average price is $50.78 and its 200 day moving average price is $49.47.

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.