Ferguson Wellman Capital Management Inc. Buys New Holdings in iShares Gold Trust $IAU

Ferguson Wellman Capital Management Inc. purchased a new position in shares of iShares Gold Trust (NYSEARCA:IAU) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 7,036 shares of the exchange traded fund’s stock, valued at approximately $620,000.

Several other institutional investors and hedge funds have also bought and sold shares of IAU. Schmidt P J Investment Management Inc. boosted its stake in shares of iShares Gold Trust by 1.1% during the fourth quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock valued at $760,000 after purchasing an additional 106 shares during the period. Foster Group Inc. increased its stake in shares of iShares Gold Trust by 2.4% in the fourth quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock worth $416,000 after buying an additional 120 shares during the period. Haverford Trust Co increased its stake in shares of iShares Gold Trust by 3.4% in the fourth quarter. Haverford Trust Co now owns 3,617 shares of the exchange traded fund’s stock worth $294,000 after buying an additional 120 shares during the period. Evolution Wealth Management Inc. increased its stake in shares of iShares Gold Trust by 40.3% in the first quarter. Evolution Wealth Management Inc. now owns 432 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 124 shares during the period. Finally, Brooks Moore & Associates Inc. raised its holdings in iShares Gold Trust by 2.1% during the 4th quarter. Brooks Moore & Associates Inc. now owns 6,076 shares of the exchange traded fund’s stock valued at $493,000 after buying an additional 125 shares during the last quarter. 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:

• Neutral Sentiment: Analysts say gold is becoming a more important reserve asset in a multipolar world, which supports the longer-term investment case for IAU even as short-term price action remains weak. Gold is becoming reserve asset new multipolar world Sprotts Paul Wong
• Neutral Sentiment: Recent coverage highlighted IAU as a simple, low-cost way to gain direct exposure to bullion, reinforcing its role as an inflation and dollar-weakness hedge. The Same Gold Rally 79 More Upside Miners vs Bullion Over the Past Year
• Neutral Sentiment: Market commentary suggests gold is testing key support levels near $4,000 as traders wait for CPI data and Fed signals, which could determine whether the current decline deepens or stabilizes. Gold XAUUSD Silver Platinum Forecasts Gold Tests The 4000 Level
• Negative Sentiment: Gold’s safe-haven appeal has faded as the Iran conflict and higher oil prices boost inflation expectations, raising the odds of restrictive Fed policy and weighing on bullion. The War Got Louder The Gold Bounce Faded
• Negative Sentiment: Gold has fallen below key levels as traders price in a more hawkish Fed, with higher yields and a stronger dollar reducing demand for non-yielding assets like bullion. Gold’s Faithful Think Twice as Prices Slide From Record Highs
• Negative Sentiment: Additional reports said gold and silver remain under pressure ahead of U.S. CPI, with oil-driven inflation fears and a stronger dollar continuing to hurt precious metals sentiment. Gold and Silver Price Forecast Oil Surge Tests Key Support Ahead of US CPI

iShares Gold Trust Stock Down 2.6%

Shares of IAU opened at $75.25 on Tuesday. The stock has a market capitalization of $62.15 billion, a P/E ratio of 5.53 and a beta of 0.18. The firm has a fifty day simple moving average of $81.66 and a two-hundred day simple moving average of $87.27. iShares Gold Trust has a twelve month low of $61.60 and a twelve month high of $104.40.

iShares Gold Trust Company 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).