Avaii Wealth Management LLC Has $10.23 Million Stake in iShares Gold Trust $IAU

Avaii Wealth Management LLC lessened its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 7.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 125,967 shares of the exchange traded fund’s stock after selling 10,027 shares during the quarter. iShares Gold Trust makes up about 3.7% of Avaii Wealth Management LLC’s investment portfolio, making the stock its 6th largest position. Avaii Wealth Management LLC’s holdings in iShares Gold Trust were worth $10,225,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of IAU. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Gold Trust by 47.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock worth $1,493,292,000 after acquiring an additional 6,623,876 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in iShares Gold Trust during the 3rd quarter valued at $193,639,000. JPMorgan Chase & Co. increased its holdings in iShares Gold Trust by 20.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,165,231 shares of the exchange traded fund’s stock valued at $958,034,000 after purchasing an additional 2,245,617 shares in the last quarter. Packer & Co Ltd bought a new position in iShares Gold Trust in the 3rd quarter valued at $156,463,000. Finally, Mizuho Bank Ltd. acquired a new position in iShares Gold Trust in the third quarter worth $120,798,000. 59.67% of the stock is currently owned by institutional investors.

Key Headlines Impacting iShares Gold Trust

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

• Positive Sentiment: Major bank bullish view: Wells Fargo still projects a materially higher year‑end gold price, which supports long‑term demand expectations for bullion and ETFs like IAU. Gold struggles amid geopolitical tensions, but Wells Fargo still sees $6,200/oz by year-end
• Positive Sentiment: Swiss banking group reiterates gold’s role as a store of value despite volatility, a supportive narrative for long‑term ETF inflows. Swiss Bankers Association says gold’s importance as a store of value is only increasing despite its recent price volatility
• Neutral Sentiment: Macro data mixed: a rise in U.S. weekly jobless claims was noted but has not offset the dominant yield/dollar moves—this keeps direction uncertain until rate expectations settle. Spot gold trades at $4,436/oz after U.S. weekly jobless claims rise to 210k
• Negative Sentiment: Coordinated hawkish shift from the Fed, ECB, BOE and BOJ lifted yields and revived “higher‑for‑longer” rate fears — a key headwind for gold and IAU. The Fed Meeting Changed Everything
• Negative Sentiment: Stronger USDX and rising bond yields produced solid losses in gold this morning, pressuring bullion‑tracking ETFs. Solid losses for gold, silver on firmer USDX, rising bond yields
• Negative Sentiment: Turkey sold roughly 58.4 tonnes of gold in two weeks, adding central‑bank related supply into markets — a tangible near‑term bearish factor for prices. Turkey taps its gold reserves, sells 58.4 tonnes of gold in two weeks
• Negative Sentiment: Geopolitical developments have so far failed to sustain safe‑haven flows into gold; fading ceasefire hopes and volatility swings are creating selloffs rather than persistent bids. Gold, Silver Tumble Again. One Thing Is Wreaking Havoc on Precious Metals.

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $82.09 on Friday. The stock’s fifty day moving average is $93.38 and its 200-day moving average is $83.02. The stock has a market capitalization of $69.31 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52 week low of $55.78 and a 52 week high of $104.40.

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).