Chandler Asset Management Inc. lifted its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 12.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 122,575 shares of the exchange traded fund’s stock after purchasing an additional 13,375 shares during the quarter. iShares Gold Trust comprises approximately 1.3% of Chandler Asset Management Inc.’s holdings, making the stock its 13th largest position. Chandler Asset Management Inc.’s holdings in iShares Gold Trust were worth $9,256,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in IAU. Schmidt P J Investment Management Inc. raised its stake in iShares Gold Trust by 1.1% during 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 buying an additional 106 shares during the last quarter. Haverford Trust Co grew its stake in shares of iShares Gold Trust by 3.4% in 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. Evolution Wealth Management Inc. grew its stake in shares of iShares Gold Trust by 40.3% in the first quarter. Evolution Wealth Management Inc. now owns 432 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 124 shares during the last quarter. Brooks Moore & Associates Inc. increased its holdings in shares of iShares Gold Trust by 2.1% during the fourth quarter. Brooks Moore & Associates Inc. now owns 6,076 shares of the exchange traded fund’s stock valued at $493,000 after acquiring an additional 125 shares in the last quarter. Finally, SmartHarvest Portfolios LLC increased its holdings in shares of iShares Gold Trust by 2.0% during the first quarter. SmartHarvest Portfolios LLC now owns 6,485 shares of the exchange traded fund’s stock valued at $572,000 after acquiring an additional 129 shares in the last quarter. 59.67% of the stock is owned by institutional investors.
iShares Gold Trust Price Performance
IAU opened at $81.71 on Wednesday. The stock has a 50-day moving average price of $78.04 and a 200-day moving average price of $85.69. The firm has a market cap of $67.48 billion, a PE ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a 1 year low of $62.48 and a 1 year high of $104.40.
Trending Headlines about iShares Gold Trust
- Positive Sentiment: Wells Fargo maintained a bullish precious-metals outlook and reiterated a $4,900 gold target for 2026, citing reduced expectations for Federal Reserve rate hikes, continued Asian investment and central-bank buying. Wells Fargo reiterates positive outlook for precious metals
- Positive Sentiment: The World Gold Council said gold’s distinctive supply-demand characteristics, portfolio-diversification benefits and resilience across market environments support treating the metal as a strategic allocation. Gold performs like nothing else in the commodity complex
- Positive Sentiment: Easing Fed-rate expectations, a softer dollar and geopolitical tensions involving Iran continue to provide support for gold’s safe-haven appeal. Gold and silver forecast ahead of Fed minutes
- Neutral Sentiment: Technical analysts see gold consolidating after its pullback. Holding support near $4,311 could preserve the possibility of a breakout toward higher resistance, but failure to hold that level would signal additional downside risk. Gold price forecast and 200-day moving average
- Negative Sentiment: Rising long-term Treasury yields, elevated oil prices and renewed inflation concerns have outweighed lower expectations for a September rate hike, reducing the appeal of non-yielding gold. Gold also pulled back after failing to decisively clear $4,500. Gold pulls back as oil remains above $90
- Negative Sentiment: Weak U.S. housing data did not lift gold because markets remained focused on higher yields and the broader bond-market sell-off. These conditions are weighing on IAU in the short term. Gold retreats amid global bond-market sell-off
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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