Aureus Asset Management LLC raised its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 242.1% in the 1st quarter, HoldingsChannel reports. The firm owned 9,322 shares of the exchange traded fund’s stock after acquiring an additional 6,597 shares during the quarter. Aureus Asset Management LLC’s holdings in iShares Gold Trust were worth $822,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC raised its holdings in shares of iShares Gold Trust by 1.5% in the 4th quarter. LPL Financial LLC now owns 13,742,286 shares of the exchange traded fund’s stock worth $1,115,461,000 after acquiring an additional 203,528 shares during the last quarter. Wells Fargo & Company MN boosted its stake in iShares Gold Trust by 2.0% in the fourth quarter. Wells Fargo & Company MN now owns 13,136,955 shares of the exchange traded fund’s stock valued at $1,066,327,000 after acquiring an additional 260,541 shares during the last quarter. Citigroup Inc. grew its holdings in iShares Gold Trust by 35.7% during the fourth quarter. Citigroup Inc. now owns 7,201,313 shares of the exchange traded fund’s stock valued at $584,531,000 after purchasing an additional 1,893,594 shares during the period. Ameriprise Financial Inc. grew its stake in shares of iShares Gold Trust by 2.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock worth $412,563,000 after acquiring an additional 148,881 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in iShares Gold Trust by 18.3% during 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 period. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Price Performance
iShares Gold Trust stock opened at $77.69 on Thursday. The firm has a market capitalization of $64.16 billion, a P/E ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a one year low of $61.60 and a one year high of $104.40. The business has a fifty day moving average price of $79.97 and a 200-day moving average price of $86.94.
More iShares Gold Trust News
- Positive Sentiment: Spot gold rose toward the $4,160 area, helped by technical buying, defensive demand, and renewed interest from traders despite firmer Treasury yields and higher crude prices. Gold rallies as buyers test $4,160, oil lifts yields – Kitco PM Report
- Positive Sentiment: Gold broke above key technical resistance, and analysts say a move above the $4,203 area could confirm a broader bullish trend, which may keep momentum supportive for IAU. Gold (XAU/USD) Price Forecast: Breakout Opens the Door to Higher Targets
- Positive Sentiment: John Paulson said gold is in the early stages of a long-term bull market, citing broadening demand from central banks and private investors, reinforcing the long-term bullish case for bullion. John Paulson says we are in the early stages of a long-term bull market for gold
- Positive Sentiment: Several market outlooks said gold and other precious metals are gaining as traders stay bullish, with central-bank buying, geopolitical risk, and safe-haven demand underpinning prices. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests New Highs As Rebound Continues
- Neutral Sentiment: Commentary from Steve Forbes framed gold as protection against currency debasement and inflation risks, but it did not add a fresh catalyst beyond the existing safe-haven narrative. Gold is ‘insurance’ against currency crisis, inflation overreaction, dollar devaluation – Steve Forbes
- Neutral Sentiment: Some analysts warned that rising rates and oil-driven inflation concerns could still pressure gold in the near term, creating a mixed macro backdrop for IAU. Rising economic fears weakening inflation’s stranglehold on gold prices – CRU
- Negative Sentiment: Gold still faces a technical hurdle near $4,200 and its 50-day average, so a failure to break through could limit further upside in the ETF. Gold Price Analysis – Gold Rallies Near $4,200 Resistance Despite Rising Rates
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).
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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
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