Prudential PLC Boosts Stock Position in iShares Gold Trust $IAU

Prudential PLC lifted its position in iShares Gold Trust (NYSEARCA:IAU) by 86.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 266,327 shares of the exchange traded fund’s stock after buying an additional 123,491 shares during the quarter. Prudential PLC’s holdings in iShares Gold Trust were worth $21,618,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Schmidt P J Investment Management Inc. raised its holdings in shares of iShares Gold Trust by 1.1% in the 4th quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock valued at $760,000 after buying an additional 106 shares during the period. Foster Group Inc. raised its holdings in shares of iShares Gold Trust by 2.4% in the 4th quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock valued at $416,000 after buying an additional 120 shares during the period. Two West Capital Advisors LLC raised its holdings in shares of iShares Gold Trust by 1.9% in the 4th quarter. Two West Capital Advisors LLC now owns 7,035 shares of the exchange traded fund’s stock valued at $571,000 after buying an additional 132 shares during the period. Focused Wealth Management Inc raised its holdings in shares of iShares Gold Trust by 3.4% in the 4th quarter. Focused Wealth Management Inc now owns 4,063 shares of the exchange traded fund’s stock valued at $330,000 after buying an additional 132 shares during the period. Finally, PUREfi Wealth LLC raised its holdings in shares of iShares Gold Trust by 1.6% in the 4th quarter. PUREfi Wealth LLC now owns 8,861 shares of the exchange traded fund’s stock valued at $719,000 after buying an additional 141 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.8%

IAU stock opened at $84.28 on Friday. The company has a market capitalization of $71.75 billion, a PE ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 12-month low of $61.37 and a 12-month high of $104.40. The business’s fifty day moving average price is $87.11 and its 200 day moving average price is $87.56.

iShares Gold Trust News Roundup

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

• Positive Sentiment: Gold regained momentum as softer U.S. jobless claims and other weaker labor signals boosted expectations for rate cuts, which is supportive for bullion and IAU. Spot gold reclaims $4,500/oz after U.S. weekly jobless claims rise to 225k
• Positive Sentiment: Analysts said deglobalization and the global scramble for strategic resources are reinforcing gold’s role as a reserve asset, a longer-term tailwind for bullion demand. Deglobalization sparks race for strategic resources, driving gold and copper outlook – Sohn Montreal
• Positive Sentiment: Central banks bought net gold in April, led by Poland and China, signaling ongoing official-sector demand that supports the gold price. Central banks buy net 17 tonnes of gold in April, led by Poland and China – WGC
• Neutral Sentiment: Technical commentary is mixed, with some traders seeing a potential rebound from support while others say gold is still trapped in a consolidation range and needs confirmation above resistance. Gold (XAU/USD) Price Forecast: Falling Wedge Signals Key Inflection Zone
• Negative Sentiment: China’s gold market is cooling, with reports of ETF outflows and weaker local demand, which could soften a key source of recent support for bullion. China’s gold market is cooling, multiple metrics show
• Negative Sentiment: Several reports say gold is under pressure from stronger Treasury yields, Fed hike fears, and a still-resilient U.S. economy, all of which can weigh on IAU near term. TD Securities cuts H2 2026 gold price forecasts as markets price in Fed rate hike

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).