Allstate Corp Has $1.57 Million Stake in iShares Gold Trust $IAU

Allstate Corp decreased its holdings in iShares Gold Trust (NYSEARCA:IAU) by 39.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,280 shares of the exchange traded fund’s stock after selling 12,625 shares during the quarter. Allstate Corp’s holdings in iShares Gold Trust were worth $1,565,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in IAU. Fisher Asset Management LLC grew its stake in shares of iShares Gold Trust by 188.8% during the fourth quarter. Fisher Asset Management LLC now owns 10,274 shares of the exchange traded fund’s stock worth $834,000 after purchasing an additional 6,717 shares during the period. Westover Capital Advisors LLC raised its holdings in iShares Gold Trust by 1.4% during the fourth quarter. Westover Capital Advisors LLC now owns 63,124 shares of the exchange traded fund’s stock worth $5,124,000 after acquiring an additional 901 shares in the last quarter. Clearstead Advisors LLC raised its holdings in iShares Gold Trust by 5.9% during the fourth quarter. Clearstead Advisors LLC now owns 34,693 shares of the exchange traded fund’s stock worth $2,816,000 after acquiring an additional 1,932 shares in the last quarter. Narus Financial Partners LLC raised its holdings in iShares Gold Trust by 0.8% during the fourth quarter. Narus Financial Partners LLC now owns 20,135 shares of the exchange traded fund’s stock worth $1,634,000 after acquiring an additional 168 shares in the last quarter. Finally, RHL Group LLC bought a new stake in iShares Gold Trust during the fourth quarter worth about $1,365,000. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust News Roundup

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

• Positive Sentiment: Gold is showing bullish reversal signs, with traders defending long-term support and pushing against key resistance near the 50-day moving average. Gold (XAU/USD) Price Forecast: Falling Wedge Signals Bullish Reversal
• Positive Sentiment: Investors are focusing on upcoming U.S. manufacturing and jobs data, which could weaken rate expectations and boost gold if the economy shows more softness. Gold braces for labor market week as investors eye manufacturing, jobs data
• Positive Sentiment: Gold gained as traders bet the U.S. may reach a deal with Iran, and the metal also found support from easing fears around the Middle East conflict and lower Treasury yields. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Prices Jump Amid Iran Deal Hopes
• Neutral Sentiment: Several reports suggest gold is still range-bound and sensitive to rates, yields, and geopolitical headlines, so the move remains dependent on the next macro catalyst. Gold Weekly Price Analysis – Gold Continues to See Buyers on Dips
• Neutral Sentiment: Gold has been bouncing off support after testing key technical levels, but the broader trend is still being shaped by bond yields and Fed policy expectations. Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds in Week 8 – Gold Breaks $4,500, Silver Drops to $73.42?
• Negative Sentiment: Gold has also faced pressure from a firmer U.S. dollar, higher Treasury yields, and signs of reduced safe-haven demand when U.S.-Iran deal hopes improve. Gold Edges Lower as Traders Assess Potential U.S.-Iran Deal

iShares Gold Trust Stock Up 1.1%

NYSEARCA:IAU opened at $85.49 on Friday. The stock’s 50 day moving average price is $87.13 and its two-hundred day moving average price is $87.32. The firm has a market capitalization of $72.78 billion, a price-to-earnings ratio of 5.53 and a beta of 0.16. iShares Gold Trust has a 12-month low of $61.37 and a 12-month high of $104.40.

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).