Foundations Investment Advisors LLC decreased its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 5.7% in the third quarter, Holdings Channel.com reports. The firm owned 815,786 shares of the exchange traded fund’s stock after selling 49,114 shares during the period. iShares Gold Trust makes up approximately 0.9% of Foundations Investment Advisors LLC’s investment portfolio, making the stock its 26th biggest position. Foundations Investment Advisors LLC’s holdings in iShares Gold Trust were worth $59,365,000 as of its most recent filing with the SEC.
Other large investors also recently added to or reduced their stakes in the company. Cloud Capital Management LLC bought a new position in shares of iShares Gold Trust during the third quarter valued at about $49,000. Hollencrest Capital Management lifted its stake in shares of iShares Gold Trust by 13.4% in the 3rd quarter. Hollencrest Capital Management now owns 2,835 shares of the exchange traded fund’s stock valued at $206,000 after acquiring an additional 335 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its holdings in iShares Gold Trust by 26,666.7% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,606 shares of the exchange traded fund’s stock valued at $117,000 after acquiring an additional 1,600 shares during the period. AE Wealth Management LLC grew its position in iShares Gold Trust by 45.9% during the 3rd quarter. AE Wealth Management LLC now owns 72,777 shares of the exchange traded fund’s stock worth $5,296,000 after acquiring an additional 22,898 shares during the last quarter. Finally, Absolute Capital Management LLC increased its stake in iShares Gold Trust by 67.2% in the 3rd quarter. Absolute Capital Management LLC now owns 7,131 shares of the exchange traded fund’s stock worth $519,000 after purchasing an additional 2,867 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Stock Performance
Shares of IAU stock opened at $101.25 on Thursday. The company has a market capitalization of $85.42 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a fifty-two week low of $51.81 and a fifty-two week high of $101.52. The stock has a 50 day moving average price of $83.59 and a two-hundred day moving average price of $74.61.
Trending Headlines about iShares Gold Trust
- Positive Sentiment: Record gold prices and broad market commentary supporting bullion as a safe haven have driven demand for gold exposure, a tailwind for IAU. Article Title
- Positive Sentiment: Multiple market reports note gold hitting fresh all‑time highs and accelerating bullish momentum, which supports ETF flows into IAU. Article Title
- Positive Sentiment: Analysts and banks are raising upside targets for gold (some eyeing much higher price levels), reinforcing investor interest in gold ETFs as the easiest way to gain exposure. Article Title
- Positive Sentiment: Large private allocations to physical gold are increasing — Tether’s CEO says the firm plans to allocate up to 10–15% of its portfolio to gold, adding a material potential buyer to the market that supports ETFs like IAU. Article Title
- Positive Sentiment: Coverage noting that gold ETFs are attracting flows as prices climb — higher ETF demand typically lifts IAU’s assets and bid support. Article Title
- Positive Sentiment: Reported institutional buying into IAU (Bensler LLC increased its holdings), indicating direct investor accumulation of the ETF. Article Title
- Neutral Sentiment: The Fed’s decision to hold rates and Chair Powell’s comments are producing mixed signals — a pause can be bullish for gold via a weaker dollar, but Fed confidence on inflation tempers some safe‑haven urgency. Article Title
- Neutral Sentiment: China’s flows are mixed — December net imports via Hong Kong fell, but January retail demand/premiums surged; this is a mixed supply/demand signal for bullion and could moderate short‑term price moves. Article Title
- Neutral Sentiment: Mining stocks and broader commodity themes are in focus — positive for gold miners but only indirectly relevant to IAU which tracks the metal itself. Article Title
- Negative Sentiment: Some officials (Powell) and reports warn the rally may be overbought or that Fed credibility remains intact — such commentary can prompt profit‑taking and short‑term volatility in gold and IAU. Article Title
- Negative Sentiment: Technical analysts flag profit‑taking and short corrections after big rallies; that raises pullback risk for IAU despite the overall uptrend. Article Title
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. 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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