LPL Financial LLC lifted its position in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,742,286 shares of the exchange traded fund’s stock after acquiring an additional 203,528 shares during the quarter. LPL Financial LLC owned 1.63% of iShares Gold Trust worth $1,115,461,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of IAU. Abich Financial Wealth Management LLC acquired a new position in shares of iShares Gold Trust during the 3rd quarter worth about $25,000. Godfrey Financial Associates Inc. acquired a new position in shares of iShares Gold Trust during the 4th quarter worth about $25,000. Gables Capital Management Inc. raised its position in shares of iShares Gold Trust by 173.1% during the 4th quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 225 shares during the last quarter. Dakota Community Bank & Trust NA acquired a new position in shares of iShares Gold Trust during the 4th quarter worth about $30,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of iShares Gold Trust during the 3rd quarter worth about $31,000. 59.67% of the stock is owned by hedge funds and other institutional investors.
iShares Gold Trust Price Performance
IAU opened at $81.22 on Monday. iShares Gold Trust has a twelve month low of $61.37 and a twelve month high of $104.40. The company has a 50-day moving average price of $87.03 and a 200 day moving average price of $87.59. The company has a market cap of $69.15 billion, a PE ratio of 5.53 and a beta of 0.15.
More iShares Gold Trust News
- Negative Sentiment: Gold broke below key technical support, with analysts warning that the metal remains under pressure after inflation fears and hawkish Fed expectations drove a sharp selloff. Gold breaks below key technical support, but analysts see a buying opportunity
- Negative Sentiment: Stronger-than-expected U.S. payrolls triggered broad selling in precious metals as traders bet the Fed may stay hawkish for longer. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 3% As Traders Bet On Hawkish Fed
- Negative Sentiment: Gold fell hard after jumpy U.S. rates and a much stronger-than-expected jobs report boosted yields and weighed on the rate-cut trade. Gold Price Analysis – Gold Drops Hard with Rates Jumping
- Negative Sentiment: Spot gold slipped below $4,500 after the strong jobs report lifted Treasury yields and the dollar, adding to near-term pressure on gold-backed funds. Gold slips below $4,500 as strong jobs report hits rate-cut trade – Kitco AM Report
- Neutral Sentiment: Some analysts say the recent selloff may create a buying opportunity, while longer-term forecasts still call for much higher average gold prices in 2026. Gold demand will drop this year even as supply increases, but average price will still rise 43% in 2026 – Metals Focus
- Neutral Sentiment: Gold has also been described as technically precarious, with some commentary suggesting options markets may be underpricing downside risk. The gold chart looks precarious. Here’s how to profit
- Neutral Sentiment: On the more supportive side, some strategists remain bullish on gold over the longer term, citing deglobalization, inflation pressures, and strategic resource demand. Deglobalization sparks race for strategic resources, driving gold and copper outlook – Sohn Montreal
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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