S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
NYSEARCA:IAU

iShares Gold Trust (IAU) Price, Holdings, & News

$45.13
+0.83 (+1.87%)
(As of 04/15/2024 ET)
Today's Range
$43.96
$45.15
50-Day Range
$37.67
$45.13
52-Week Range
$34.35
$45.98
Volume
15.44 million shs
Average Volume
6.59 million shs
Market Capitalization
$29.39 billion
Assets Under Management
$29.60 billion
Dividend Yield
N/A
Net Expense Ratio
0.25%
IAU stock logo

About iShares Gold Trust (NYSEARCA:IAU)

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). The activities of the Trust are limited to issuing Baskets of Shares in exchange for the gold deposited with the Custodian as consideration; selling gold as necessary to cover the Sponsor's fee, Trust expenses not assumed by the Sponsor and other liabilities, and delivering gold in exchange for Baskets of Shares surrendered for redemption. The Trust is not actively managed.

IAU Stock Price History

IAU ETF News Headlines

Forget Nvidia, buy this A.I. Stock Now
Forget Nvidia, Microsoft or Google. Our tech expert and venture capitalist Luke Lango believes this is Elon Musk’s favorite A.I. stock. Why? Because this company is supplying Elon Musk with a key piece of advanced tech for his new A.I. venture.
Why Gold Keeps Hitting Record Highs
Forget Nvidia, buy this A.I. Stock Now
Forget Nvidia, Microsoft or Google. Our tech expert and venture capitalist Luke Lango believes this is Elon Musk’s favorite A.I. stock. Why? Because this company is supplying Elon Musk with a key piece of advanced tech for his new A.I. venture.
See More Headlines
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Fund Details

Issuer
iShares
Fund Name
iShares Gold Trust
Tax Classification
Grantor Trust
Current Symbol
NYSEARCA:IAU
Inception Date
1/21/2005
Fund Manager
N/A

Fund Focus

Asset Class
Commodities
Benchmark
LBMA Gold Price
Category
Precious Metals
Focus
Gold
Development Level
Blended Development
Region
Global
Number of Holdings
0

Fund Statistics

Assets Under Management
$29.60 billion
Average Daily Volume
$8.65 million
Discount/Premium
-1.12%

Administrator, Advisor and Custodian

Administrator
State Street Bank and Trust Company
Advisor
BlackRock Fund Advisors
Custodian
JPMorgan Chase Bank, N.A. (London Branch)
Distributor
BlackRock Investments, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
The Bank of New York Mellon Company
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
11,221
Put Options
6,665
Call Options
4,556

Miscellaneous

Beta
0.13
Creation Unit
50,000
Creation Fee
$500.00
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iShares Gold Trust Expenses

TypeIAUGold ETFsCommodities ETFsNYSEARCA ETFsAll ETFs
Management Fee0.25%0.44%0.66%0.50%0.51%
Other Expenses0.00%0.08%0.27%0.64%0.58%
Total Expense0.25%0.45%0.76%0.74%0.70%
Fee Waiver0.00%-0.06%-0.18%-0.68%-0.57%
Net Expense0.25%0.48%0.70%0.57%0.58%

iShares Gold Trust (IAU) Holdings

Top 1 IAU Holdings

  • Gold
    Holding Weight: 100.00%

Key Executives

  • Patrick J. Dunne
    President, Chief Executive Officer of the Sponsor
  • Jack Gee
    Chief Financial Officer, Chief Operating Officer, Director of the Manager
  • Charles C. S. Park
    Chief Financial Officer, Director of the Sponsor
  • Philip J. Jensen
    Director of the Sponsor
  • Peter F. Landini
    Director of the Sponsor
  • Kimun Lee
    Director of the Sponsor
  • Paul C. Lohrey
    Director of the Sponsor

Should I Buy iShares Gold Trust Stock? IAU Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in iShares Gold Trust:

  • iShares Gold Trust (IAU) recently reached a new 12-month high at $44.64, indicating positive momentum.
  • Investing in gold can act as a hedge against inflation, preserving purchasing power in times of economic uncertainty.
  • Gold is considered a safe-haven asset, often performing well during periods of market volatility or geopolitical tensions.
  • iShares Gold Trust provides exposure to the price movements of gold without the need for physical ownership and storage.
  • Gold historically has a low correlation with other asset classes, potentially enhancing portfolio diversification.

Cons

Investors should be bearish about investing in iShares Gold Trust for these reasons:

  • Gold prices can be volatile, leading to fluctuations in the value of iShares Gold Trust shares.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these iShares Gold Trust pros and cons to contact@marketbeat.com.

IAU ETF - Frequently Asked Questions

How have IAU shares performed in 2024?

iShares Gold Trust's stock was trading at $39.03 on January 1st, 2024. Since then, IAU shares have increased by 15.6% and is now trading at $45.13.
View the best growth stocks for 2024 here
.

What does IAU invest in?

iShares Gold Trust is a commodities fund issued by iShares. IAU focuses on gold investments and follows the LBMA Gold Price. The fund's investments total to approximately $29.60 billion assets under management.

What is the management fee for iShares Gold Trust?

iShares Gold Trust's management fee is 0.25% and has no other recorded expenses or fee waivers. The net expense ratio for IAU is 0.25%.

When did iShares Gold Trust's stock split?

iShares Gold Trust's stock reverse split on the morning of Monday, May 24th 2021. The 1-2 reverse split was announced on Wednesday, March 3rd 2021. The number of shares owned by shareholders was adjusted after the market closes on Friday, May 21st 2021. An investor that had 100 shares of stock prior to the reverse split would have 50 shares after the split.

What other stocks do shareholders of iShares Gold Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other iShares Gold Trust investors own include Alibaba Group (BABA), Intel (INTC), NVIDIA (NVDA), Walmart (WMT), Walt Disney (DIS), SPDR Gold Shares (GLD), Verizon Communications (VZ), AT&T (T), Johnson & Johnson (JNJ) and Tesla (TSLA).

Who are iShares Gold Trust's major shareholders?

iShares Gold Trust's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Forbes J M & Co. LLP (0.21%), GenWealth Group Inc. (0.13%), Kaydan Wealth Management Inc. (0.09%), Modus Advisors LLC (0.05%), Timber Creek Capital Management LLC (0.05%) and Chemistry Wealth Management LLC (0.04%).

How do I buy shares of iShares Gold Trust?

Shares of IAU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:IAU) was last updated on 4/16/2024 by MarketBeat.com Staff

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