Pilgrim Partners Asia Pte Ltd Makes New $1.44 Million Investment in iShares Gold Trust $IAU

Pilgrim Partners Asia Pte Ltd purchased a new stake in iShares Gold Trust (NYSEARCA:IAU) during the 3rd quarter, Holdings Channel reports. The firm purchased 19,830 shares of the exchange traded fund’s stock, valued at approximately $1,443,000. iShares Gold Trust accounts for about 0.6% of Pilgrim Partners Asia Pte Ltd’s holdings, making the stock its 28th largest position.

Other institutional investors have also recently modified their holdings of the company. Keener Financial Planning LLC acquired a new stake in iShares Gold Trust during the 2nd quarter valued at $25,000. MTM Investment Management LLC purchased a new stake in shares of iShares Gold Trust in the second quarter valued at $25,000. Private Wealth Management Group LLC boosted its stake in shares of iShares Gold Trust by 290.9% during the second quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 320 shares during the last quarter. Key Financial Inc purchased a new stake in iShares Gold Trust during the 2nd quarter worth about $28,000. Finally, Mountain Hill Investment Partners Corp. acquired a new position in shares of iShares Gold Trust in the third quarter valued at approximately $29,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 1.5%

iShares Gold Trust stock opened at $95.18 on Tuesday. The stock has a fifty day moving average price of $82.69 and a 200 day moving average price of $74.18. iShares Gold Trust has a 52 week low of $51.52 and a 52 week high of $96.12. The firm has a market capitalization of $80.30 billion, a P/E 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: Record gold rally: Spot gold surged past $5,000 (and toward $5,100), driven by geopolitical risk and safe‑haven flows — a direct tailwind for gold ETFs like IAU. Gold races to $5,100 record peak on safe‑haven demand
• Positive Sentiment: Central‑bank and analyst support: Analysts and central‑bank buying are cited as reasons for more upside in gold prices, which supports continued ETF inflows. Gold has more room to run as geopolitics, cenbank buying fuel gains, analysts say
• Positive Sentiment: Institutional accumulation: Stablecoin issuer Tether reported buying ~27 tonnes of gold in Q4, signaling larger institutional demand for physical gold exposure that benefits IAU. Tether says it bought 27 tons of gold in fourth quarter
• Positive Sentiment: Fund inflows spotlight: Public filings show Bensler LLC increased its IAU holdings by 14% this quarter, indicating active investor allocation to the ETF. Bensler LLC Grows Holdings in iShares Gold Trust $IAU
• Neutral Sentiment: Analyst price targets and miner strength: Some houses (e.g., SocGen) are projecting much higher gold targets and miners are rallying — supportive for sector sentiment but more indirect for IAU. Gold is headed to $6,000 this year and that is a ‘conservative estimate’ – SocGen
• Negative Sentiment: Volatility/correction risk: Several market pieces warn the rally is parabolic and a Fed policy meeting/market volatility could trigger sharp profit‑taking or a pullback in gold/ETF flows. That raises short‑term downside risk for IAU. Gold News: XAU Breakout Above $5000 Driven by Geopolitical Chaos & Weak Dollar

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).