iShares Gold Trust $IAU Shares Sold by Cambridge Associates LLC MA ADV

Cambridge Associates LLC MA ADV cut its position in iShares Gold Trust (NYSEARCA:IAU) by 14.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 750,805 shares of the exchange traded fund’s stock after selling 122,435 shares during the period. iShares Gold Trust makes up 0.9% of Cambridge Associates LLC MA ADV’s holdings, making the stock its 13th largest position. Cambridge Associates LLC MA ADV owned approximately 0.09% of iShares Gold Trust worth $60,943,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IAU. Schmidt P J Investment Management Inc. boosted its holdings in shares of iShares Gold Trust by 1.1% in the 4th quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock valued at $760,000 after acquiring an additional 106 shares during the last quarter. Foster Group Inc. boosted its holdings in shares of iShares Gold Trust by 2.4% in the 4th quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock valued at $416,000 after acquiring an additional 120 shares during the last quarter. Haverford Trust Co boosted its holdings in shares of iShares Gold Trust by 3.4% in the 4th quarter. Haverford Trust Co now owns 3,617 shares of the exchange traded fund’s stock valued at $294,000 after acquiring an additional 120 shares during the last quarter. Nemes Rush Group LLC boosted its holdings in shares of iShares Gold Trust by 1.9% in the 4th quarter. Nemes Rush Group LLC now owns 6,982 shares of the exchange traded fund’s stock valued at $567,000 after acquiring an additional 130 shares during the last quarter. Finally, Two West Capital Advisors LLC boosted its holdings in shares of iShares Gold Trust by 1.9% in the 4th quarter. Two West Capital Advisors LLC now owns 7,035 shares of the exchange traded fund’s stock valued at $571,000 after acquiring an additional 132 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

More iShares Gold Trust News

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

• Positive Sentiment: Gold prices rose as lower oil prices and falling Treasury yields reduced inflation pressure and rate-hike worries, supporting the outlook for IAU. Gold News: Gold Breakout Stalls as Traders Await Key Fed Rate Signals
• Positive Sentiment: Analysts said gold remains in a bullish long-term trend, with support from inflation concerns, policy uncertainty, and steady central-bank buying. Gold is still stuck in a holding pattern, but the bullish long-term case remains intact, says Tanglewood’s Bruce
• Positive Sentiment: Wall Street analysts are increasingly positive on gold, citing potential geopolitical easing and an expected rebound in prices. Wall Street’s Gold Analysts Are Pricing in Middle-East Peace—and They See a ‘Rebound’ Coming
• Positive Sentiment: Record central-bank buying plans and strong official-sector demand continue to underpin gold prices. Record 45% of central banks plan to increase gold holdings, WGC survey finds
• Neutral Sentiment: Near-term charts suggest gold is still consolidating after a strong move, so IAU may stay volatile until investors get clearer Fed and inflation signals. Gold is still stuck in a holding pattern, but the bullish long-term case remains intact, says Tanglewood’s Bruce
• Negative Sentiment: Gold funds saw sizable outflows last week as some investors rotated toward risk assets, which could temper near-term momentum for IAU. Gold funds see $2B in weekly outflows as investors pivot toward risk assets

iShares Gold Trust Price Performance

IAU stock opened at $81.50 on Wednesday. The company has a market capitalization of $69.39 billion, a P/E ratio of 5.53 and a beta of 0.15. The firm’s fifty day simple moving average is $86.10 and its 200-day simple moving average is $87.72. iShares Gold Trust has a 12 month low of $61.37 and a 12 month 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).