Aureum Wealth Management LLC acquired a new stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 23,274 shares of the exchange traded fund’s stock, valued at approximately $1,889,000. iShares Gold Trust accounts for 1.8% of Aureum Wealth Management LLC’s portfolio, making the stock its 21st biggest holding.
Other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE grew its position in shares of 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 purchasing an additional 456,140 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares Gold Trust by 47.7% in the third quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock worth $1,493,292,000 after buying an additional 6,623,876 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares Gold Trust by 20.6% in the third quarter. JPMorgan Chase & Co. now owns 13,165,231 shares of the exchange traded fund’s stock worth $958,034,000 after buying an additional 2,245,617 shares in the last quarter. UBS Group AG boosted its stake in iShares Gold Trust by 6.5% during the third 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 period. Finally, WealthNavi Inc. boosted its stake in iShares Gold Trust by 8.5% during the third quarter. WealthNavi Inc. now owns 7,130,543 shares of the exchange traded fund’s stock valued at $518,890,000 after buying an additional 559,413 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Trading Up 1.3%
Shares of IAU opened at $89.19 on Thursday. iShares Gold Trust has a 12-month low of $59.71 and a 12-month high of $104.40. The company has a market cap of $75.93 billion, a PE ratio of 5.53 and a beta of 0.20. The stock has a 50-day moving average price of $91.75 and a 200-day moving average price of $85.57.
Key Stories Impacting iShares Gold Trust
- Positive Sentiment: Bargain buying lifted bullion prices, supporting demand for IAU from investors viewing dips as entry points. Gold, silver gain on perceived bargain buying
- Positive Sentiment: Switzerland reported a ~30% rise in gold exports, signaling stronger physical demand/safe-haven flows that typically support IAU. Switzerland’s gold exports rise 30% as investors seek safe haven amid global uncertainty
- Positive Sentiment: Interest in tokenized gold products is rising even amid weak crypto caps, potentially expanding routes for gold ownership and supporting longer-term demand for IAU. Tokenized gold shines even as crypto market cap drops 40% in Q1 – Swyftx
- Neutral Sentiment: Market reaction to a ceasefire update has been mixed — headlines are capping a rally while preserving event-driven volatility that keeps IAU sensitive to news. Gold News: Gold Market Reacts to Ceasefire, But Hawkish Warsh Limits Gold Breakout
- Neutral Sentiment: Bond market swings and U.S. rate expectations remain the main macro drivers; traders are watching yields for direction that will affect IAU flows. Gold Price Analysis: Bond Market Swings Keep XAU/USD in Focus
- Negative Sentiment: Some technical analysis shows a bearish breakdown and potential for deeper correction if key support fails — short-term downside risk for IAU. Gold (XAU/USD) Price Forecast: Bearish Signal Faces Critical Support Confluence
- Negative Sentiment: Higher USD index readings and rising bond yields have previously pushed gold lower; such macro moves could weigh on IAU if they persist. Gold, silver sharply down amid upticks in USDX, bond yields
- Negative Sentiment: Data-driven rate-cut delays (e.g., stronger retail sales) remain a structural headwind for gold’s upside potential. Gold prices could struggle as jump in US retail sales could delay rate cuts
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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