Bigelow Investment Advisors LLC lifted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 6.2% in the third quarter, HoldingsChannel.com reports. The firm owned 142,474 shares of the exchange traded fund’s stock after acquiring an additional 8,311 shares during the quarter. iShares Gold Trust accounts for about 4.2% of Bigelow Investment Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Bigelow Investment Advisors LLC’s holdings in iShares Gold Trust were worth $10,368,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in iShares Gold Trust by 67.5% in the second quarter. JPMorgan Chase & Co. now owns 10,919,614 shares of the exchange traded fund’s stock valued at $680,947,000 after buying an additional 4,398,605 shares during the last quarter. WealthNavi Inc. raised its stake in shares of iShares Gold Trust by 8.5% in the 3rd quarter. WealthNavi Inc. now owns 7,130,543 shares of the exchange traded fund’s stock valued at $518,890,000 after acquiring an additional 559,413 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of iShares Gold Trust by 2.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock worth $412,563,000 after acquiring an additional 148,881 shares during the last quarter. Truist Financial Corp boosted its position in shares of iShares Gold Trust by 14.4% during the 2nd quarter. Truist Financial Corp now owns 5,490,435 shares of the exchange traded fund’s stock worth $342,384,000 after purchasing an additional 692,844 shares during the period. Finally, Citigroup Inc. boosted its position in shares of iShares Gold Trust by 809.1% during the 2nd quarter. Citigroup Inc. now owns 5,108,818 shares of the exchange traded fund’s stock worth $318,586,000 after purchasing an additional 4,546,835 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.
iShares Gold Trust Stock Up 0.5%
Shares of NYSEARCA IAU opened at $81.56 on Monday. The firm has a market cap of $68.71 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52-week low of $49.51 and a 52-week high of $85.68. The business’s 50 day moving average is $78.96 and its two-hundred day moving average is $71.39.
Trending Headlines about iShares Gold Trust
- Positive Sentiment: Geopolitical risk is boosting safe‑haven demand — U.S. threats toward Iran are cited as a near‑term catalyst lifting gold and silver, supporting bullion‑linked ETFs like IAU. Price gains for gold, silver as U.S. threatens Iran
- Positive Sentiment: Physical demand is strengthening in Asia — premiums in India and China have moved from discounts to premiums after the recent pullback, signaling stronger local buying that can underpin gold prices and IAU flows. Goodbye gold discounts: Prices now trade at a premium to spot in India and China following pullback from record highs
- Positive Sentiment: Bullish analyst outlook — RBC projects substantially higher gold over the next year (headline $5,100/oz target), which can drive strategic and central‑bank demand expectations that support IAU. Gold tipped for $5,100 in 2025 as investors still seek hedges and diversification
- Positive Sentiment: Technical support holding — short‑term technicals show gold finding support near the 20‑day average and stabilizing near $4,400, which reduces downside risk and supports ETF flows. Gold (XAU/USD) Price Forecast: 20-Day Support Holds as Resistance Persists
- Neutral Sentiment: Momentum and Fed expectations are mixed — some reports note Fed rate‑cut bets and a split Fed outlook are supporting rallies, yet the market remains rangebound as participants weigh policy signals. This creates volatility but not a clear directional change for IAU. Gold (XAUUSD) & Silver Price Forecast: XAU Near $4,400, XAG Eyes $76 as Momentum Stabilizes
- Neutral Sentiment: Intraday traders are eyeing specific entry/resistance levels — technical guides highlight key levels that could produce short‑term swings in IAU even if the medium‑term trend stays constructive. Gold Market Analysis for January 2 – Key Intra-day Price Entry Levels for Active Traders
- Negative Sentiment: Some commentary suggests near‑term topping/dip risk — several market notes point to a short‑term top and a weaker weekly performance, which could prompt profit‑taking in IAU if spot gold softens. Gold and silver have topped, but look for dip-buying next week
- Negative Sentiment: Price action showed a weekly decline — a recent weekly fall increases short‑term volatility and could pressure gold‑tracking ETFs if momentum continues downward. Gold Weekly Price Outlook – Gold Falls for the Week
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).
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