Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 1.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 731,514 shares of the exchange traded fund’s stock after buying an additional 10,132 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares Gold Trust were worth $53,232,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. increased its position in iShares Gold Trust by 67.5% in the second quarter. JPMorgan Chase & Co. now owns 10,919,614 shares of the exchange traded fund’s stock worth $680,947,000 after buying an additional 4,398,605 shares in the last quarter. WealthNavi Inc. increased its stake in shares of iShares Gold Trust by 8.5% in the third 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 in the last quarter. Ameriprise Financial Inc. raised 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 valued at $412,563,000 after purchasing an additional 148,881 shares during the period. Truist Financial Corp boosted its holdings in iShares Gold Trust by 5.9% in the 3rd quarter. Truist Financial Corp now owns 5,814,190 shares of the exchange traded fund’s stock worth $423,099,000 after buying an additional 323,755 shares during the period. Finally, Citigroup Inc. raised its holdings in iShares Gold Trust by 809.1% during the second quarter. Citigroup Inc. now owns 5,108,818 shares of the exchange traded fund’s stock valued at $318,586,000 after acquiring an additional 4,546,835 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.
More iShares Gold Trust News
Here are the key news stories impacting iShares Gold Trust this week:
- Positive Sentiment: Record gold prices and broad market commentary supporting bullion as a safe haven have driven demand for gold exposure, a tailwind for IAU. Article Title
- Positive Sentiment: Multiple market reports note gold hitting fresh all‑time highs and accelerating bullish momentum, which supports ETF flows into IAU. Article Title
- Positive Sentiment: Analysts and banks are raising upside targets for gold (some eyeing much higher price levels), reinforcing investor interest in gold ETFs as the easiest way to gain exposure. Article Title
- Positive Sentiment: Large private allocations to physical gold are increasing — Tether’s CEO says the firm plans to allocate up to 10–15% of its portfolio to gold, adding a material potential buyer to the market that supports ETFs like IAU. Article Title
- Positive Sentiment: Coverage noting that gold ETFs are attracting flows as prices climb — higher ETF demand typically lifts IAU’s assets and bid support. Article Title
- Positive Sentiment: Reported institutional buying into IAU (Bensler LLC increased its holdings), indicating direct investor accumulation of the ETF. Article Title
- Neutral Sentiment: The Fed’s decision to hold rates and Chair Powell’s comments are producing mixed signals — a pause can be bullish for gold via a weaker dollar, but Fed confidence on inflation tempers some safe‑haven urgency. Article Title
- Neutral Sentiment: China’s flows are mixed — December net imports via Hong Kong fell, but January retail demand/premiums surged; this is a mixed supply/demand signal for bullion and could moderate short‑term price moves. Article Title
- Neutral Sentiment: Mining stocks and broader commodity themes are in focus — positive for gold miners but only indirectly relevant to IAU which tracks the metal itself. Article Title
- Negative Sentiment: Some officials (Powell) and reports warn the rally may be overbought or that Fed credibility remains intact — such commentary can prompt profit‑taking and short‑term volatility in gold and IAU. Article Title
- Negative Sentiment: Technical analysts flag profit‑taking and short corrections after big rallies; that raises pullback risk for IAU despite the overall uptrend. Article Title
iShares Gold Trust Stock Performance
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).
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