11,101 Shares in iShares Gold Trust $IAU Bought by First Growth Capital LLC

First Growth Capital LLC bought a new position in iShares Gold Trust (NYSEARCA:IAU) in the fourth quarter, HoldingsChannel.com reports. The firm bought 11,101 shares of the exchange traded fund’s stock, valued at approximately $901,000. iShares Gold Trust accounts for 0.9% of First Growth Capital LLC’s investment portfolio, making the stock its 29th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Birchwood Financial Partners Inc. acquired a new stake in shares of iShares Gold Trust in the 4th quarter valued at about $648,000. Ameriflex Group Inc. lifted its holdings in shares of iShares Gold Trust by 106.6% in the fourth quarter. Ameriflex Group Inc. now owns 624 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 322 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its position in shares of iShares Gold Trust by 8.5% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 779,157 shares of the exchange traded fund’s stock worth $63,277,000 after buying an additional 60,788 shares during the period. Virtue Capital Management LLC acquired a new position in shares of iShares Gold Trust during the fourth quarter worth about $229,000. Finally, Braeburn Wealth Management LLC acquired a new position in shares of iShares Gold Trust during the fourth quarter worth about $13,617,000. Institutional investors own 59.67% of the company’s stock.

Trending Headlines about iShares Gold Trust

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

• Positive Sentiment: Longer-term demand for gold remains supported by central bank buying and geopolitical uncertainty, with several analysts arguing gold ETFs still belong in diversified portfolios. Why Gold ETFs Still Deserve a Place in Long-Term Portfolios
• Positive Sentiment: Some market commentary says central banks are likely to keep increasing gold reserves amid rising geopolitical risks, which could provide ongoing support for gold-backed funds like IAU. Central banks are bringing gold reserves home as geopolitical risks rise
• Neutral Sentiment: Gold briefly found support after the Fed held rates steady, but the market quickly shifted to pricing in a higher-for-longer policy path, limiting the bounce. Gold Rises After Fed Leaves Rates Unchanged
• Negative Sentiment: Gold prices fell as the Fed’s hawkish messaging revived expectations for additional tightening, pushing the dollar higher and pressuring bullion. Gold, silver sink as dollar tests yearly highs following hawkish Fed – Kitco PM Report
• Negative Sentiment: Recent articles point to continued technical weakness in gold, with prices failing at resistance and testing support levels that could signal more downside if they break. Gold (XAU/USD) Price Forecast: Can Bulls Defend Fibonacci Support?

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $79.33 on Friday. The stock has a 50-day simple moving average of $85.76 and a 200 day simple moving average of $87.73. iShares Gold Trust has a 52-week low of $61.37 and a 52-week high of $104.40. The company has a market cap of $67.54 billion, a PE ratio of 5.53 and a beta of 0.15.

iShares Gold Trust 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).