Erste Asset Management GmbH raised its position in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 35.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,585,650 shares of the exchange traded fund’s stock after acquiring an additional 680,000 shares during the period. iShares Gold Trust makes up approximately 1.8% of Erste Asset Management GmbH’s holdings, making the stock its 8th biggest holding. Erste Asset Management GmbH owned 0.31% of iShares Gold Trust worth $209,877,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in IAU. Bank of America Corp DE raised its stake in iShares Gold Trust by 1.5% in the 3rd quarter. Bank of America Corp DE now owns 30,799,504 shares of the exchange traded fund’s stock worth $2,241,280,000 after acquiring an additional 456,140 shares during the last quarter. JPMorgan Chase & Co. grew its stake 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 during the last quarter. UBS Group AG increased its holdings in shares of iShares Gold Trust by 6.5% in the third quarter. UBS Group AG now owns 9,148,055 shares of the exchange traded fund’s stock valued at $665,704,000 after purchasing an additional 561,489 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of iShares Gold Trust by 2.3% in the second quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock valued at $412,563,000 after purchasing an additional 148,881 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Gold Trust by 18.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,595,990 shares of the exchange traded fund’s stock worth $535,396,000 after purchasing an additional 1,019,135 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.
iShares Gold Trust Price Performance
iShares Gold Trust stock opened at $81.22 on Monday. iShares Gold Trust has a 52 week low of $61.37 and a 52 week high of $104.40. The company has a market capitalization of $69.15 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. The stock has a 50-day moving average price of $87.03 and a 200 day moving average price of $87.59.
More iShares Gold Trust News
- Negative Sentiment: Gold broke below key technical support, with analysts warning that the metal remains under pressure after inflation fears and hawkish Fed expectations drove a sharp selloff. Gold breaks below key technical support, but analysts see a buying opportunity
- Negative Sentiment: Stronger-than-expected U.S. payrolls triggered broad selling in precious metals as traders bet the Fed may stay hawkish for longer. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 3% As Traders Bet On Hawkish Fed
- Negative Sentiment: Gold fell hard after jumpy U.S. rates and a much stronger-than-expected jobs report boosted yields and weighed on the rate-cut trade. Gold Price Analysis – Gold Drops Hard with Rates Jumping
- Negative Sentiment: Spot gold slipped below $4,500 after the strong jobs report lifted Treasury yields and the dollar, adding to near-term pressure on gold-backed funds. Gold slips below $4,500 as strong jobs report hits rate-cut trade – Kitco AM Report
- Neutral Sentiment: Some analysts say the recent selloff may create a buying opportunity, while longer-term forecasts still call for much higher average gold prices in 2026. Gold demand will drop this year even as supply increases, but average price will still rise 43% in 2026 – Metals Focus
- Neutral Sentiment: Gold has also been described as technically precarious, with some commentary suggesting options markets may be underpricing downside risk. The gold chart looks precarious. Here’s how to profit
- Neutral Sentiment: On the more supportive side, some strategists remain bullish on gold over the longer term, citing deglobalization, inflation pressures, and strategic resource demand. Deglobalization sparks race for strategic resources, driving gold and copper outlook – Sohn Montreal
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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