Hoxton Planning & Management LLC lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 61.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 23,422 shares of the exchange traded fund’s stock after buying an additional 8,959 shares during the period. Hoxton Planning & Management LLC’s holdings in iShares Gold Trust were worth $1,704,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the stock. WESPAC Advisors LLC grew its holdings in shares of iShares Gold Trust by 4.6% during the 3rd quarter. WESPAC Advisors LLC now owns 26,874 shares of the exchange traded fund’s stock worth $1,956,000 after acquiring an additional 1,188 shares during the period. Mountain Hill Investment Partners Corp. purchased a new position in iShares Gold Trust during the third quarter valued at $29,000. GWN Securities Inc. increased its stake in shares of iShares Gold Trust by 25.4% in the 3rd quarter. GWN Securities Inc. now owns 8,013 shares of the exchange traded fund’s stock worth $586,000 after acquiring an additional 1,625 shares in the last quarter. Sage Private Wealth Group LLC increased its stake in shares of iShares Gold Trust by 6.4% in the 3rd quarter. Sage Private Wealth Group LLC now owns 182,284 shares of the exchange traded fund’s stock worth $13,265,000 after acquiring an additional 11,000 shares in the last quarter. Finally, Capital City Trust Co. FL purchased a new position in iShares Gold Trust during the 3rd quarter valued at about $204,000. 59.67% of the stock is owned by institutional investors.
iShares Gold Trust Price Performance
NYSEARCA:IAU opened at $86.36 on Wednesday. iShares Gold Trust has a one year low of $50.21 and a one year high of $87.38. The company’s 50-day simple moving average is $80.34 and its 200 day simple moving average is $72.47. The firm has a market capitalization of $72.52 billion, a P/E ratio of 5.53 and a beta of 0.09.
Key Stories Impacting iShares Gold Trust
- Positive Sentiment: Softening U.S. CPI and rising hopes for rate cuts are supporting gold’s safe-haven bid, which typically boosts demand for IAU. Gold (XAUUSD) & Silver Price Forecast: CPI Cools, Bulls Hold Key Resistance Zones
- Positive Sentiment: Geopolitical tensions and risk aversion are keeping gold bids elevated and driving momentum toward new highs — a bullish backdrop for IAU. Gold (XAUUSD) and Silver Surge as Inflation Cools and Geopolitical Risks Rise
- Positive Sentiment: Asian trade showed gold edging higher on safe-haven flows; continued tension-driven demand helps underpin IAU’s NAV. Gold Edges Higher, Supported by Ongoing Geopolitical Tensions
- Positive Sentiment: Technical breakouts and record-high signals point to continued upside potential for gold prices, which supports IAU flows. Gold (XAU/USD) Price Forecast: Record High Breakout Signals Continued Strength
- Positive Sentiment: Some sell-side forecasts remain strongly bullish (Citigroup sees very large targets for gold and silver), reinforcing speculative interest in bullion ETFs like IAU. Gold will hit $5,000/oz, silver $100/oz by March, but gold will be vulnerable to correction afterward – Citigroup
- Neutral Sentiment: Mine-level updates (Caledonia, G Mining) show steady production, which is supportive for the broader gold complex but only indirectly affects IAU. Caledonia says Blanket gold mine has again delivered production in line with guidance
- Neutral Sentiment: Explorer and producer news (Pinnacle, EQTEC expansion into metals) are company-specific and have limited direct impact on a bullion ETF like IAU. Pinnacle Silver and Gold reports progress at El Potrero project in Durango, Mexico
- Negative Sentiment: Technical corrections and profit-taking have caused intraday pullbacks in gold at times, which can weigh on IAU despite the bullish macro picture. Gold Edges Lower on Likely Technical Correction
- Negative Sentiment: Short-term dollar strength or hawkish surprises (and CPI/dollar volatility ahead of prints) can trigger pullbacks in gold and pressure IAU. Gold (XAUUSD) & Silver Price Forecast: Gold Slips Ahead of CPI, Silver Stays Bullish
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).
See Also
- Five stocks we like better than iShares Gold Trust
- “Ominous day” coming to stocks…
- Punch these codes into your ordinary brokerage account
- The Crash Has Already Started (Most Just Don’t See It Yet)
- Trump Planning to Use Public Law 63-43: Prepare Now
- A month before the crash
Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.
