SB Capital Management Inc Acquires Shares of 6,920 iShares Gold Trust $IAU

SB Capital Management Inc bought a new position in shares of iShares Gold Trust (NYSEARCA:IAU) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,920 shares of the exchange traded fund’s stock, valued at approximately $562,000.

A number of other large investors have also recently modified their holdings of the business. Catalyst Investment Management LLC bought a new position in shares of iShares Gold Trust in the 4th quarter valued at $3,104,000. White Knight Strategic Wealth Advisors LLC lifted its position in shares of iShares Gold Trust by 45.2% during the 4th quarter. White Knight Strategic Wealth Advisors LLC now owns 8,769 shares of the exchange traded fund’s stock worth $712,000 after buying an additional 2,730 shares during the last quarter. Hamilton Wealth LLC lifted its position in shares of iShares Gold Trust by 1.2% during the 4th quarter. Hamilton Wealth LLC now owns 274,064 shares of the exchange traded fund’s stock worth $22,246,000 after buying an additional 3,359 shares during the last quarter. Compound Planning Inc. boosted its stake in iShares Gold Trust by 2.4% in the fourth quarter. Compound Planning Inc. now owns 128,357 shares of the exchange traded fund’s stock valued at $10,419,000 after buying an additional 2,948 shares in the last quarter. Finally, Briggs Wealth Management Inc acquired a new stake in iShares Gold Trust in the fourth quarter valued at about $344,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.4%

iShares Gold Trust stock opened at $79.33 on Friday. The stock has a market cap of $67.54 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 50-day moving average price is $85.76 and its two-hundred day moving average price is $87.73.

More iShares Gold Trust News

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?

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).