AAFMAA Wealth Management & Trust LLC Makes New Investment in iShares Gold Trust $IAU

AAFMAA Wealth Management & Trust LLC bought a new stake in iShares Gold Trust (NYSEARCA:IAUFree Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 40,613 shares of the exchange traded fund’s stock, valued at approximately $3,297,000. iShares Gold Trust makes up approximately 1.3% of AAFMAA Wealth Management & Trust LLC’s investment portfolio, making the stock its 19th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Abich Financial Wealth Management LLC bought a new stake in shares of iShares Gold Trust during the third quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. acquired a new stake in shares of iShares Gold Trust in the 3rd quarter worth approximately $29,000. Traub Capital Management LLC bought a new position in shares of iShares Gold Trust in the second quarter valued at approximately $31,000. Fourth Dimension Wealth LLC increased its stake in shares of iShares Gold Trust by 436.3% during the third quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 349 shares during the period. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of iShares Gold Trust during the third quarter valued at approximately $31,000. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust News Roundup

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $84.70 on Friday. The stock’s 50 day moving average price is $93.65 and its 200 day moving average price is $82.57. The stock has a market cap of $71.52 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 12 month low of $55.78 and a 12 month high of $104.40.

iShares Gold Trust Company 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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