Ameriprise Financial Inc. trimmed its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 0.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,607,356 shares of the exchange traded fund’s stock after selling 9,124 shares during the quarter. Ameriprise Financial Inc. owned about 0.80% of iShares Gold Trust worth $481,742,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently made changes to their positions in IAU. Creative Planning grew its stake in iShares Gold Trust by 3.5% during the third quarter. Creative Planning now owns 790,958 shares of the exchange traded fund’s stock worth $57,558,000 after purchasing an additional 26,814 shares during the period. Zacks Investment Management bought a new stake in iShares Gold Trust in the third quarter worth approximately $243,000. Prairie Wealth Advisors Inc. lifted its stake in iShares Gold Trust by 1.1% in the third quarter. Prairie Wealth Advisors Inc. now owns 122,322 shares of the exchange traded fund’s stock valued at $8,901,000 after buying an additional 1,386 shares during the period. Cardiff Park Advisors LLC lifted its stake in iShares Gold Trust by 15.7% in the third quarter. Cardiff Park Advisors LLC now owns 29,918 shares of the exchange traded fund’s stock valued at $2,177,000 after buying an additional 4,069 shares during the period. Finally, Financial Sense Advisors Inc. lifted its stake in iShares Gold Trust by 4.6% in the third quarter. Financial Sense Advisors Inc. now owns 70,973 shares of the exchange traded fund’s stock valued at $5,165,000 after buying an additional 3,120 shares during the period. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Stock Performance
iShares Gold Trust stock opened at $94.38 on Monday. The stock has a market capitalization of $79.69 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52-week low of $55.78 and a 52-week high of $104.40. The stock’s 50 day moving average price is $93.05 and its two-hundred day moving average price is $81.93.
Key iShares Gold Trust News
- Positive Sentiment: Stagflation risk (Q4 GDP +0.7%) is cited as a potential tailwind for gold as an inflation/real‑rate hedge, supporting IAU on longer-term risk. Gold faces perfect stagflation storm
- Positive Sentiment: Preliminary U.S. consumer sentiment fell and one‑year inflation expectations rose — higher inflation expectations can underpin demand for gold as an inflation hedge. Spot gold at $5,100/oz after preliminary Consumer Sentiment falls
- Positive Sentiment: Analysts note dip-buying and safe‑haven flows tied to geopolitical tensions are providing intermittent support, limiting deeper declines in spot gold and IAU. Gold Price Analysis – Gold Continues to See Support on Dips
- Neutral Sentiment: Some strategists argue gold miners could rally even if bullion stalls; that’s more relevant to miners’ equities than to IAU (a bullion ETF), so impact on IAU is indirect. Gold miners could double even if bullion stalls
- Neutral Sentiment: Weekly macro/market commentary stresses that rates, central bank policy, and geopolitical risk will keep gold choppy — expect volatility but mixed short‑term directional signals for IAU. Gold Weekly Price Analysis
- Negative Sentiment: Kitco reports a liquidity squeeze that has boosted the U.S. dollar ahead of the Fed meeting, which pressures gold prices and is a primary reason IAU is down. Gold under pressure as liquidity crunch boosts dollar ahead of Fed meeting
- Negative Sentiment: Multiple technical studies point to bearish setups (bear flag, rising‑wedge breakdown) that target lower levels for spot gold; technical momentum is contributing to selling pressure in IAU. Gold Price Forecast: Bear Flag Signals Potential Downside Targets
- Negative Sentiment: Broader theme: a stronger U.S. dollar and rising Treasury yields are capping gold’s upside; several reports link gold weakness to USDX rallies and higher yields, which weigh directly on IAU. Gold, silver down as USDX rallies, bond yields rise
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).
Read More
- Five stocks we like better than iShares Gold Trust
- The $8,000 Gold Call Every Retirement Saver Needs to Read Right Now
- A personal warning from Martin Weiss (Please read)
- Elon Musk: This Could Turn $100 into $100,000
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- America’s gold reserves are priced at $42. The real price is $6,000+.
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).
Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.
