iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by Appleton Partners Inc. MA

Appleton Partners Inc. MA raised its holdings in shares of iShares Gold Trust (NYSEARCA:IAUFree Report) by 8.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,866 shares of the exchange traded fund’s stock after acquiring an additional 997 shares during the quarter. Appleton Partners Inc. MA’s holdings in iShares Gold Trust were worth $541,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in IAU. Charles Schwab Investment Management Inc. boosted its position in shares of iShares Gold Trust by 226.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,060,223 shares of the exchange traded fund’s stock valued at $236,531,000 after purchasing an additional 4,200,989 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares Gold Trust by 58.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,294,050 shares of the exchange traded fund’s stock valued at $360,189,000 after purchasing an additional 3,815,686 shares during the period. Axxcess Wealth Management LLC boosted its position in shares of iShares Gold Trust by 585.5% in the 3rd quarter. Axxcess Wealth Management LLC now owns 1,107,742 shares of the exchange traded fund’s stock valued at $38,760,000 after purchasing an additional 946,138 shares during the period. Chevy Chase Trust Holdings LLC boosted its position in shares of iShares Gold Trust by 57.8% in the 4th quarter. Chevy Chase Trust Holdings LLC now owns 1,695,861 shares of the exchange traded fund’s stock valued at $66,189,000 after purchasing an additional 621,382 shares during the period. Finally, Comerica Bank purchased a new stake in iShares Gold Trust during the 3rd quarter valued at approximately $20,698,000. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

Shares of IAU stock traded up $0.09 during trading hours on Tuesday, reaching $43.94. 2,313,755 shares of the company’s stock were exchanged, compared to its average volume of 6,521,841. The company’s 50 day moving average is $44.32 and its two-hundred day moving average is $41.09. iShares Gold Trust has a 1 year low of $34.35 and a 1 year high of $46.08.

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.

See Also

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

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