Birchwood Financial Partners Inc. Acquires New Shares in iShares Gold Trust $IAU

Birchwood Financial Partners Inc. acquired a new position in shares of iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,982 shares of the exchange traded fund’s stock, valued at approximately $648,000.

A number of other institutional investors and hedge funds have also bought and sold shares of IAU. Brighton Jones LLC bought a new stake in shares of iShares Gold Trust during the fourth quarter worth about $1,864,000. Bison Wealth LLC raised its holdings in iShares Gold Trust by 78.5% in the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock valued at $831,000 after buying an additional 7,379 shares during the last quarter. AQR Capital Management LLC raised its holdings in iShares Gold Trust by 47.0% in the 1st quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock valued at $1,588,000 after buying an additional 8,609 shares during the last quarter. Glenview Trust co boosted its position in iShares Gold Trust by 9.7% during the 2nd quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock worth $772,000 after buying an additional 1,095 shares during the period. Finally, Main Street Financial Solutions LLC boosted its position in iShares Gold Trust by 6.3% during the 2nd quarter. Main Street Financial Solutions LLC now owns 36,817 shares of the exchange traded fund’s stock worth $2,296,000 after buying an additional 2,172 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

IAU opened at $79.33 on Friday. iShares Gold Trust has a fifty-two week low of $61.37 and a fifty-two week high of $104.40. The firm has a market capitalization of $67.54 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. The company’s 50 day moving average price is $85.76 and its two-hundred day moving average price is $87.73.

Key Stories Impacting iShares Gold Trust

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

• Positive Sentiment: Longer-term demand for gold remains supported by central bank buying and geopolitical uncertainty, with several analysts arguing gold ETFs still belong in diversified portfolios. Why Gold ETFs Still Deserve a Place in Long-Term Portfolios
• Positive Sentiment: Some market commentary says central banks are likely to keep increasing gold reserves amid rising geopolitical risks, which could provide ongoing support for gold-backed funds like IAU. Central banks are bringing gold reserves home as geopolitical risks rise
• Neutral Sentiment: Gold briefly found support after the Fed held rates steady, but the market quickly shifted to pricing in a higher-for-longer policy path, limiting the bounce. Gold Rises After Fed Leaves Rates Unchanged
• Negative Sentiment: Gold prices fell as the Fed’s hawkish messaging revived expectations for additional tightening, pushing the dollar higher and pressuring bullion. Gold, silver sink as dollar tests yearly highs following hawkish Fed – Kitco PM Report
• Negative Sentiment: Recent articles point to continued technical weakness in gold, with prices failing at resistance and testing support levels that could signal more downside if they break. Gold (XAU/USD) Price Forecast: Can Bulls Defend Fibonacci Support?

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).