iShares Gold Trust $IAU Shares Purchased by Captrust Financial Advisors

Captrust Financial Advisors lifted its stake in iShares Gold Trust (NYSEARCA:IAU) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,410,855 shares of the exchange traded fund’s stock after purchasing an additional 11,014 shares during the period. Captrust Financial Advisors’ holdings in iShares Gold Trust were worth $195,689,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Schmidt P J Investment Management Inc. lifted its stake in shares of iShares Gold Trust by 1.1% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock valued at $760,000 after purchasing an additional 106 shares during the period. Foster Group Inc. raised its position in iShares Gold Trust by 2.4% during the fourth quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock worth $416,000 after acquiring an additional 120 shares during the last quarter. Haverford Trust Co raised its position in iShares Gold Trust by 3.4% during the fourth quarter. Haverford Trust Co now owns 3,617 shares of the exchange traded fund’s stock worth $294,000 after acquiring an additional 120 shares during the last quarter. Nemes Rush Group LLC raised its position in iShares Gold Trust by 1.9% during the fourth quarter. Nemes Rush Group LLC now owns 6,982 shares of the exchange traded fund’s stock worth $567,000 after acquiring an additional 130 shares during the last quarter. Finally, Two West Capital Advisors LLC raised its position in iShares Gold Trust by 1.9% during the fourth quarter. Two West Capital Advisors LLC now owns 7,035 shares of the exchange traded fund’s stock worth $571,000 after acquiring an additional 132 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.3%

Shares of IAU opened at $81.50 on Wednesday. The stock has a market cap of $69.39 billion, a P/E ratio of 5.53 and a beta of 0.15. The company has a 50-day moving average of $86.10 and a two-hundred day moving average of $87.72. iShares Gold Trust has a 12-month low of $61.37 and a 12-month high of $104.40.

Key Stories Impacting iShares Gold Trust

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

• Positive Sentiment: Gold prices rose as lower oil prices and falling Treasury yields reduced inflation pressure and rate-hike worries, supporting the outlook for IAU. Gold News: Gold Breakout Stalls as Traders Await Key Fed Rate Signals
• Positive Sentiment: Analysts said gold remains in a bullish long-term trend, with support from inflation concerns, policy uncertainty, and steady central-bank buying. Gold is still stuck in a holding pattern, but the bullish long-term case remains intact, says Tanglewood’s Bruce
• Positive Sentiment: Wall Street analysts are increasingly positive on gold, citing potential geopolitical easing and an expected rebound in prices. Wall Street’s Gold Analysts Are Pricing in Middle-East Peace—and They See a ‘Rebound’ Coming
• Positive Sentiment: Record central-bank buying plans and strong official-sector demand continue to underpin gold prices. Record 45% of central banks plan to increase gold holdings, WGC survey finds
• Neutral Sentiment: Near-term charts suggest gold is still consolidating after a strong move, so IAU may stay volatile until investors get clearer Fed and inflation signals. Gold is still stuck in a holding pattern, but the bullish long-term case remains intact, says Tanglewood’s Bruce
• Negative Sentiment: Gold funds saw sizable outflows last week as some investors rotated toward risk assets, which could temper near-term momentum for IAU. Gold funds see $2B in weekly outflows as investors pivot toward risk assets

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).