Catalyst Investment Management LLC purchased a new stake in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 38,242 shares of the exchange traded fund’s stock, valued at approximately $3,104,000. iShares Gold Trust makes up 2.9% of Catalyst Investment Management LLC’s investment portfolio, making the stock its 12th biggest position.
Several other institutional investors have also recently bought and sold shares of the business. White Knight Strategic Wealth Advisors LLC raised its holdings in iShares Gold Trust by 45.2% during the fourth quarter. White Knight Strategic Wealth Advisors LLC now owns 8,769 shares of the exchange traded fund’s stock worth $712,000 after buying an additional 2,730 shares during the last quarter. Hamilton Wealth LLC grew its holdings in shares of iShares Gold Trust by 1.2% during the fourth quarter. Hamilton Wealth LLC now owns 274,064 shares of the exchange traded fund’s stock valued at $22,246,000 after buying an additional 3,359 shares during the last quarter. Compound Planning Inc. grew its holdings in shares of iShares Gold Trust by 2.4% during the fourth quarter. Compound Planning Inc. now owns 128,357 shares of the exchange traded fund’s stock valued at $10,419,000 after buying an additional 2,948 shares during the last quarter. Briggs Wealth Management Inc acquired a new position in shares of iShares Gold Trust during the fourth quarter valued at about $344,000. Finally, ATX Financial Planning LLC bought a new stake in shares of iShares Gold Trust during the fourth quarter worth about $2,727,000. 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 PE ratio of 5.53 and a beta of 0.15. The company’s 50-day moving average is $85.76 and its 200 day moving average is $87.73.
Key Stories Impacting iShares Gold Trust
- 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).
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