Bank of America Corp DE lifted its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 1.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,799,504 shares of the exchange traded fund’s stock after purchasing an additional 456,140 shares during the period. Bank of America Corp DE owned about 3.74% of iShares Gold Trust worth $2,241,280,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently bought and sold shares of the company. Evolution Wealth Advisors LLC boosted its position in iShares Gold Trust by 1.5% during the third quarter. Evolution Wealth Advisors LLC now owns 8,875 shares of the exchange traded fund’s stock worth $646,000 after purchasing an additional 135 shares in the last quarter. Axecap Investments LLC increased its position in shares of iShares Gold Trust by 1.0% in the third quarter. Axecap Investments LLC now owns 14,316 shares of the exchange traded fund’s stock valued at $1,042,000 after buying an additional 137 shares in the last quarter. Aspiriant LLC increased its position in shares of iShares Gold Trust by 1.8% in the third quarter. Aspiriant LLC now owns 7,854 shares of the exchange traded fund’s stock valued at $572,000 after buying an additional 138 shares in the last quarter. Sincerus Advisory LLC raised its stake in shares of iShares Gold Trust by 2.8% during the 3rd quarter. Sincerus Advisory LLC now owns 5,184 shares of the exchange traded fund’s stock worth $377,000 after buying an additional 143 shares during the period. Finally, First National Trust Co raised its stake in shares of iShares Gold Trust by 0.9% during the 3rd quarter. First National Trust Co now owns 15,541 shares of the exchange traded fund’s stock worth $1,131,000 after buying an additional 144 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.
iShares Gold Trust Price Performance
Shares of NYSEARCA:IAU opened at $94.38 on Monday. The business’s 50 day moving average price is $93.05 and its 200-day moving average price is $81.93. iShares Gold Trust has a 1 year low of $55.78 and a 1 year high of $104.40. The firm 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 News Roundup
- 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
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).
See Also
- 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.
