Envestnet Asset Management Inc. Boosts Stake in iShares Gold Trust $IAU

Envestnet Asset Management Inc. grew its position in iShares Gold Trust (NYSEARCA:IAU) by 47.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,520,705 shares of the exchange traded fund’s stock after acquiring an additional 6,623,876 shares during the quarter. Envestnet Asset Management Inc.’s holdings in iShares Gold Trust were worth $1,493,292,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Ehrlich Financial Group grew its stake in iShares Gold Trust by 15.3% in the third quarter. Ehrlich Financial Group now owns 44,884 shares of the exchange traded fund’s stock worth $3,266,000 after purchasing an additional 5,943 shares during the period. Bay Harbor Wealth Management LLC grew its position in iShares Gold Trust by 63.6% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 55,530 shares of the exchange traded fund’s stock valued at $4,041,000 after purchasing an additional 21,596 shares during the last quarter. Bryn Mawr Trust Advisors LLC grew its holdings in shares of iShares Gold Trust by 79.9% during the second quarter. Bryn Mawr Trust Advisors LLC now owns 51,910 shares of the exchange traded fund’s stock valued at $3,237,000 after buying an additional 23,054 shares during the last quarter. First Horizon Corp purchased a new stake in iShares Gold Trust during the 3rd quarter valued at $1,863,000. Finally, Strategic Blueprint LLC boosted its position in shares of iShares Gold Trust by 30.2% during the third quarter. Strategic Blueprint LLC now owns 136,931 shares of the exchange traded fund’s stock valued at $9,964,000 after buying an additional 31,746 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 6.2%

Shares of iShares Gold Trust stock opened at $93.03 on Wednesday. The company has a market cap of $78.55 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. The company’s 50 day moving average is $84.88 and its 200 day moving average is $75.55. iShares Gold Trust has a twelve month low of $53.44 and a twelve month high of $104.40.

More iShares Gold Trust News

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

• Positive Sentiment: Technical rebound and bullish price action suggest the recent correction may have bottomed, supporting further gains in gold‑linked funds. Gold (XAU/USD) Price Forecast: Bullish Reversal Hints at End of Correction
• Positive Sentiment: Major banks and strategists maintain multi‑month bullish views (JP Morgan sees much higher gold by year‑end), supporting a longer‑term bullish case for IAU as a pure play on the metal. J.P. Morgan expects gold prices to reach $6,300/oz by end of 2026
• Positive Sentiment: IAU is highlighted as a lower‑cost way to own physical gold relative to some peers, which can attract flows into IAU versus higher‑cost alternatives. That fund‑flow dynamic tends to support the ETF’s price when metal prices firm. IAU Offers Lower Cost Gold Exposure Than SIL
• Neutral Sentiment: Rising interest in tokenized gold is boosting demand narratives for the metal but brings custody and regulatory risks; this is a mixed structural development for gold exposure and ETF flows. Precious metal price fluctuations could test fast-growing gold token market
• Negative Sentiment: The earlier, historic selloff tied to macro and Fed‑leadership concerns (nomination of Kevin Warsh) showed how quickly positioning can unwind, a reminder that IAU can be volatile in risk‑on rate‑sensitive episodes. Gold, Silver Selloff Continues. Why Trump’s Warsh Fed Pick Is Bashing Prices.
• Negative Sentiment: WSJ notes gold has edged lower on a possible technical correction after a very large one‑day jump — signaling risk of short‑term pullbacks even amid the rebound. Gold Edges Lower on Possible Technical Correction
• Negative Sentiment: High volatility and mixed daily headlines (sharp one‑day moves, heavy positioning) mean short‑term trading risk remains elevated for IAU even if the medium‑term trend is bullish. Gold, Silver Bounce Back After Sharp Selloff

iShares Gold Trust 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).