Gamco Investors INC. ET AL raised its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 8.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 187,171 shares of the exchange traded fund’s stock after buying an additional 14,505 shares during the quarter. Gamco Investors INC. ET AL’s holdings in iShares Gold Trust were worth $15,193,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IAU. Schmidt P J Investment Management Inc. grew its holdings in shares of iShares Gold Trust by 1.1% during the 4th quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock worth $760,000 after purchasing an additional 106 shares during the period. Foster Group Inc. grew its holdings in shares of iShares Gold Trust by 2.4% during the 4th quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock worth $416,000 after purchasing an additional 120 shares during the period. Two West Capital Advisors LLC grew its holdings in shares of iShares Gold Trust by 1.9% during the 4th quarter. Two West Capital Advisors LLC now owns 7,035 shares of the exchange traded fund’s stock worth $571,000 after purchasing an additional 132 shares during the period. Focused Wealth Management Inc grew its holdings in shares of iShares Gold Trust by 3.4% during the 4th quarter. Focused Wealth Management Inc now owns 4,063 shares of the exchange traded fund’s stock worth $330,000 after purchasing an additional 132 shares during the period. Finally, Axecap Investments LLC grew its holdings in shares of iShares Gold Trust by 1.0% during the 3rd quarter. Axecap Investments LLC now owns 14,316 shares of the exchange traded fund’s stock worth $1,042,000 after purchasing an additional 137 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Stock Performance
Shares of NYSEARCA:IAU opened at $85.76 on Tuesday. iShares Gold Trust has a 1 year low of $60.67 and a 1 year high of $104.40. The stock has a market capitalization of $73.01 billion, a P/E ratio of 5.53 and a beta of 0.16. The stock has a 50-day simple moving average of $89.03 and a 200-day simple moving average of $86.78.
Key iShares Gold Trust News
- Positive Sentiment: Gold rose in Asian trade after reports of hopes for a U.S.-Iran peace deal, reinforcing safe-haven interest in the metal and supporting gold-backed funds like IAU. Gold Rises Amid Hopes for U.S.-Iran Peace Deal
- Positive Sentiment: Gold found support from a pullback in the U.S. dollar, which typically makes bullion more attractive for global buyers. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound After Pullback
- Positive Sentiment: Gold prices remained firm as traders focused on Strait of Hormuz risks and broader geopolitical uncertainty, keeping demand for defensive assets elevated. Gold price hold steadies, silver rebounds as Hormuz risk keeps oil, yields in focus – PM Report
- Neutral Sentiment: Analysts said gold is holding key support levels, with central bank buying helping offset inflation pressure, suggesting near-term stability rather than a clear breakout. Gold (XAUUSD) & Silver Price Forecast: $4,555 Holds — Can Bulls Reclaim $4,670 Resistance?
- Neutral Sentiment: Some reports noted gold gains were capped by higher oil prices, rising Treasury yields, and concerns that Fed rate hikes could weigh on non-yielding assets such as gold. Gold Consolidates; May be Weighed by Fed Rate-Hike Expectations
- Negative Sentiment: Earlier reports highlighted a sharp pullback in gold tied to hot inflation data, higher yields, and a stronger dollar, which could continue to pressure bullion if those trends persist. Gold (XAUUSD) Price Forecast: Will Rising Yields Push Gold Toward 52-Week MA
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).
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