Erste Asset Management GmbH Buys 680,000 Shares of iShares Gold Trust $IAU

Erste Asset Management GmbH boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 35.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,585,650 shares of the exchange traded fund’s stock after purchasing an additional 680,000 shares during the period. iShares Gold Trust makes up approximately 1.8% of Erste Asset Management GmbH’s portfolio, making the stock its 8th biggest holding. Erste Asset Management GmbH’s holdings in iShares Gold Trust were worth $209,877,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IAU. Abich Financial Wealth Management LLC acquired a new stake in iShares Gold Trust during the 3rd quarter worth about $25,000. Godfrey Financial Associates Inc. acquired a new stake in iShares Gold Trust during the 4th quarter worth about $25,000. Gables Capital Management Inc. grew its position in iShares Gold Trust by 173.1% during the 4th quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 225 shares during the period. Dakota Community Bank & Trust NA acquired a new stake in iShares Gold Trust during the 4th quarter worth about $30,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in iShares Gold Trust during the 3rd quarter worth about $31,000. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

Shares of IAU opened at $81.22 on Monday. The business’s 50-day moving average is $87.03 and its two-hundred day moving average is $87.59. The company has a market capitalization of $69.15 billion, a P/E ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a fifty-two week low of $61.37 and a fifty-two week high of $104.40.

More iShares Gold Trust News

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

• Negative Sentiment: Gold broke below key technical support, with analysts warning that the metal remains under pressure after inflation fears and hawkish Fed expectations drove a sharp selloff. Gold breaks below key technical support, but analysts see a buying opportunity
• Negative Sentiment: Stronger-than-expected U.S. payrolls triggered broad selling in precious metals as traders bet the Fed may stay hawkish for longer. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 3% As Traders Bet On Hawkish Fed
• Negative Sentiment: Gold fell hard after jumpy U.S. rates and a much stronger-than-expected jobs report boosted yields and weighed on the rate-cut trade. Gold Price Analysis – Gold Drops Hard with Rates Jumping
• Negative Sentiment: Spot gold slipped below $4,500 after the strong jobs report lifted Treasury yields and the dollar, adding to near-term pressure on gold-backed funds. Gold slips below $4,500 as strong jobs report hits rate-cut trade – Kitco AM Report
• Neutral Sentiment: Some analysts say the recent selloff may create a buying opportunity, while longer-term forecasts still call for much higher average gold prices in 2026. Gold demand will drop this year even as supply increases, but average price will still rise 43% in 2026 – Metals Focus
• Neutral Sentiment: Gold has also been described as technically precarious, with some commentary suggesting options markets may be underpricing downside risk. The gold chart looks precarious. Here’s how to profit
• Neutral Sentiment: On the more supportive side, some strategists remain bullish on gold over the longer term, citing deglobalization, inflation pressures, and strategic resource demand. Deglobalization sparks race for strategic resources, driving gold and copper outlook – Sohn Montreal

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).