Pilgrim Partners Asia Pte Ltd increased its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 35.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,890 shares of the exchange traded fund’s stock after purchasing an additional 7,060 shares during the period. iShares Gold Trust makes up 1.0% of Pilgrim Partners Asia Pte Ltd’s portfolio, making the stock its 18th biggest position. Pilgrim Partners Asia Pte Ltd’s holdings in iShares Gold Trust were worth $2,183,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE raised its position in iShares Gold Trust by 1.5% in the third quarter. Bank of America Corp DE now owns 30,799,504 shares of the exchange traded fund’s stock worth $2,241,280,000 after purchasing an additional 456,140 shares in the last quarter. Envestnet Asset Management Inc. raised its position in 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 purchasing an additional 6,623,876 shares in the last quarter. JPMorgan Chase & Co. raised its position in 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 purchasing an additional 2,245,617 shares in the last quarter. UBS Group AG increased its holdings in shares of 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 worth $665,704,000 after buying an additional 561,489 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares Gold Trust by 2.3% during the second quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock worth $412,563,000 after buying an additional 148,881 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.
iShares Gold Trust Trading Up 0.8%
NYSEARCA IAU opened at $85.69 on Wednesday. The firm has a market cap of $72.95 billion, a price-to-earnings ratio of 5.53 and a beta of 0.16. The company has a 50 day moving average of $90.79 and a 200-day moving average of $86.17. iShares Gold Trust has a 1-year low of $59.71 and a 1-year high of $104.40.
Key Stories Impacting iShares Gold Trust
- Positive Sentiment: Falling Treasury yields and weaker US labor metrics are supporting gold demand, lifting bullion-linked vehicles like IAU as investors seek duration and inflation hedges. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher As Treasury Yields Pull Back
- Positive Sentiment: Lower US job openings and a softer ISM services print prompted renewed buying in gold, which benefits IAU via increased safe‑haven flows. Gold prices see some renewed buying as U.S job openings falls to 6.87 million
- Positive Sentiment: Analyst commentary urging a 3–8% allocation to gold supports investor demand and could underpin longer‑term inflows into IAU. Gold price is attractive now, so don’t wait to build a 3% to 8% position – NDR’s LaForge
- Neutral Sentiment: Session‑by‑session technical commentary shows gold stabilizing after recent volatility; this keeps IAU range‑bound until a clear macro or geopolitical catalyst emerges. Gold stabilizes as oil eases, equities close records after mixed U.S. data – Kitco PM Report
- Neutral Sentiment: US‑Iran developments are providing intermittent volatility: pauses or truces reduce immediate safe‑haven demand, while renewed tensions lift it—creating short‑term swings for IAU. Gold Rises; Trump Pauses ‘Project Freedom’ to See if Iran Deal Can Be Finalized
- Negative Sentiment: Stronger US data, firmer Treasury yields and a firmer dollar have pressured metals recently; a sustained move higher in yields or a stronger dollar would likely weigh on IAU. Gold, silver slide as stronger U.S. data, firmer yields pressure metals
- Negative Sentiment: Analysts warn that if oil‑driven inflation pushes yields up, gold’s rally could break—this cross‑asset risk may trigger outflows from IAU. Gold and oil have been two of the hottest trades of the past one year. One of them has to break
- Negative Sentiment: Technical analysis points to downside risk if key support levels fail; momentum indicators suggest IAU could remain vulnerable in a pullback. Gold (XAUUSD) & Silver Price Forecast: $4,560 Breaks as Gold Dives—Is $4,436 Next?
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
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