Faithward Advisors LLC trimmed its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 5.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 248,386 shares of the exchange traded fund’s stock after selling 14,502 shares during the quarter. iShares Gold Trust makes up 3.0% of Faithward Advisors LLC’s holdings, making the stock its 3rd largest holding. Faithward Advisors LLC’s holdings in iShares Gold Trust were worth $20,161,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also modified their holdings of the company. Brighton Jones LLC purchased a new stake in iShares Gold Trust during the fourth quarter valued at about $1,864,000. Bison Wealth LLC raised its holdings in shares of iShares Gold Trust by 78.5% during the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock valued at $831,000 after acquiring an additional 7,379 shares during the period. AQR Capital Management LLC lifted its position in shares of iShares Gold Trust by 47.0% in the 1st quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock valued at $1,588,000 after acquiring an additional 8,609 shares in the last quarter. Glenview Trust co lifted its position in shares of iShares Gold Trust by 9.7% in the 2nd quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock valued at $772,000 after acquiring an additional 1,095 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its stake in iShares Gold Trust by 6.3% in the 2nd quarter. Main Street Financial Solutions LLC now owns 36,817 shares of the exchange traded fund’s stock worth $2,296,000 after purchasing an additional 2,172 shares during the period. 59.67% of the stock is owned by hedge funds and other institutional investors.
iShares Gold Trust Stock Performance
NYSEARCA IAU opened at $81.26 on Tuesday. iShares Gold Trust has a twelve month low of $61.37 and a twelve month high of $104.40. The stock has a market cap of $69.18 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. The firm’s 50 day moving average price is $86.23 and its two-hundred day moving average price is $87.70.
Key iShares Gold Trust News
- Positive Sentiment: Gold and silver have rallied as the U.S.-Iran ceasefire and broader Middle East tensions pushed traders into precious metals and improved technical momentum. Article Title
- Positive Sentiment: A World Gold Council survey found a record 45% of central banks plan to increase gold holdings, reinforcing demand for bullion and supporting the long-term outlook for gold-backed funds like IAU. Article Title
- Positive Sentiment: Gold prices extended gains after the U.S.-Iran ceasefire helped ease oil and inflation pressures, which also softened Treasury yields and strengthened the appeal of non-yielding gold. Article Title
- Positive Sentiment: Gold settled sharply higher and pushed through key resistance levels, signaling stronger technical momentum that can lift IAU in the near term. Article Title
- Positive Sentiment: Gold continues to trade near elevated levels as weak U.S. manufacturing data and rising input prices support expectations for easier monetary policy, a favorable backdrop for bullion. Article Title
About iShares Gold Trust
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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