Cerity Partners LLC Increases Holdings in iShares Gold Trust $IAU

Cerity Partners LLC raised its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 4.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,282,216 shares of the exchange traded fund’s stock after buying an additional 153,179 shares during the period. Cerity Partners LLC owned about 0.39% of iShares Gold Trust worth $266,430,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Bank of America Corp DE raised its stake in iShares Gold Trust by 1.5% during the 3rd quarter. Bank of America Corp DE now owns 30,799,504 shares of the exchange traded fund’s stock valued at $2,241,280,000 after buying an additional 456,140 shares during the last quarter. LPL Financial LLC raised its stake in iShares Gold Trust by 1.5% during the 4th quarter. LPL Financial LLC now owns 13,742,286 shares of the exchange traded fund’s stock valued at $1,115,461,000 after buying an additional 203,528 shares during the last quarter. JPMorgan Chase & Co. raised 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 buying an additional 2,245,617 shares during the last quarter. UBS Group AG raised its stake in iShares Gold Trust by 6.5% during the 3rd quarter. UBS Group AG now owns 9,148,055 shares of the exchange traded fund’s stock valued at $665,704,000 after buying an additional 561,489 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in 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 valued at $412,563,000 after buying an additional 148,881 shares during the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Up 0.2%

Shares of IAU opened at $81.38 on Tuesday. The firm has a market cap of $69.28 billion, a PE ratio of 5.53 and a beta of 0.15. The firm has a fifty day simple moving average of $87.01 and a two-hundred day simple moving average of $87.63. iShares Gold Trust has a 1-year low of $61.37 and a 1-year high of $104.40.

Key iShares Gold Trust News

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

• Positive Sentiment: Gold is getting support from renewed Middle East tensions and safe-haven demand, helping stabilize prices after recent volatility. Gold holds near $4,330 as oil pares Iran-Israel risk premium – Kitco PM Report
• Positive Sentiment: China added another 9.95 tonnes to its gold reserves in May, extending a 19-month buying streak that supports longer-term demand for bullion-backed funds like IAU. China increases gold reserves by 9.95 tonnes in May for 19th straight month of purchases
• Positive Sentiment: Some traders are buying the dip after gold’s recent sell-off, suggesting near-term bargain hunting could help IAU recover. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound After Sell-Off
• Neutral Sentiment: Gold remains below key technical levels and could retest $4,000 if inflation and rate pressures continue, which keeps sentiment cautious. Gold could test $4,000 support as inflation risks loom, but long-term bullish outlook remains
• Negative Sentiment: Stronger U.S. payrolls data reduced expectations for Fed rate cuts, pushing Treasury yields and the dollar higher and weighing on gold prices. Gold News: Gold Price Tumbles as Blowout Payrolls Crush Rate-Cut Hopes

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).