US Bancorp DE Acquires 73,795 Shares of iShares Gold Trust $IAU

US Bancorp DE grew its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 20.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 429,422 shares of the exchange traded fund’s stock after buying an additional 73,795 shares during the quarter. US Bancorp DE’s holdings in iShares Gold Trust were worth $31,249,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of IAU. Envestnet Asset Management Inc. increased its position in shares of iShares Gold Trust by 47.7% in the third quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock valued at $1,493,292,000 after acquiring an additional 6,623,876 shares during the last quarter. JPMorgan Chase & Co. grew its stake in iShares Gold Trust by 20.6% in the third quarter. JPMorgan Chase & Co. now owns 13,165,231 shares of the exchange traded fund’s stock valued at $958,034,000 after purchasing an additional 2,245,617 shares in the last quarter. WealthNavi Inc. increased its position in shares of iShares Gold Trust by 8.5% during the 3rd quarter. WealthNavi Inc. now owns 7,130,543 shares of the exchange traded fund’s stock worth $518,890,000 after purchasing an additional 559,413 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of iShares Gold Trust by 2.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock worth $412,563,000 after purchasing an additional 148,881 shares during the last quarter. Finally, Truist Financial Corp raised its stake in shares of iShares Gold Trust by 5.9% during the 3rd quarter. Truist Financial Corp now owns 5,814,190 shares of the exchange traded fund’s stock worth $423,099,000 after purchasing an additional 323,755 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 1.3%

NYSEARCA IAU opened at $99.07 on Friday. iShares Gold Trust has a 12 month low of $53.44 and a 12 month high of $104.40. The stock has a 50 day moving average of $90.29 and a 200-day moving average of $79.34. The company has a market cap of $83.65 billion, a PE ratio of 5.53 and a beta of 0.09.

More iShares Gold Trust News

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

• Positive Sentiment: Sprott’s Paul Wong argues a structural shift toward a new global monetary reserve system (“Bretton Woods III”), positioning gold as a core reserve asset — a narrative that supports long‑term demand for gold and gold ETFs like IAU. ‘As the world breaks up, you’re going to need a monetary reserve system’ – Sprott’s Paul Wong on why Bretton Woods III is inevitable and gold stands alone
• Positive Sentiment: Kitco reports gold has rebounded above the $5,200 area and finished February at fresh records — immediate price momentum that typically lifts IAU flows and sentiment. Gold prices push back above $5,200; sees solid rebound in February to end month with another record
• Positive Sentiment: Multiple FXEmpire forecasts highlight sustained bullish momentum, with technicians pushing targets materially higher (one note saying a prior $8,000 target may have been conservative) — reinforces investor conviction in continued upside for gold and IAU. Gold Price Forecast – Our $8,000 Target Was Likely Too Conservative
• Positive Sentiment: Analysts and strategists (including Bank of America coverage) say gold’s bull market remains mid‑cycle with paths to much higher levels (e.g., $6,000+), supporting allocation to gold ETFs if risk‑off drivers persist. Despite consolidating below $5,200, gold still has a path to $6,000, says Bank of America
• Neutral Sentiment: Intraday technical notes and market commentary show gold trading in tight ranges at times (consolidation around recent highs) — suggests short‑term chop even while trend stays constructive. Gold Price Analysis – Gold Continues to See Tight Range
• Neutral Sentiment: Broader media coverage (e.g., WSJ features) increases visibility for gold but doesn’t directly alter supply/demand — can support flows through investor attention. Warren Buffett and the Giant Gold Cube
• Negative Sentiment: Several reports note profit‑taking and short‑term pressure (silver leading some pullbacks), and hawkish Fed risks or a stronger USD could cap upside — these are the main near‑term risks for IAU if risk sentiment flips. Profit-taking price pressure on gold, silver

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).