37,026 Shares in iShares Gold Trust $IAU Bought by Mosley Wealth Management

Mosley Wealth Management bought a new position in iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 37,026 shares of the exchange traded fund’s stock, valued at approximately $2,822,000. iShares Gold Trust comprises about 1.3% of Mosley Wealth Management’s portfolio, making the stock its 18th biggest position.

Several other hedge funds and other institutional investors have also modified their holdings of IAU. CIBC Bancorp USA Inc. acquired a new stake in shares of iShares Gold Trust in the third quarter worth $193,639,000. JPMorgan Chase & Co. boosted 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 during the period. Concurrent Investment Advisors LLC boosted its position in shares of iShares Gold Trust by 381.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 2,534,729 shares of the exchange traded fund’s stock worth $205,744,000 after buying an additional 2,008,288 shares during the period. Mizuho Bank Ltd. acquired a new stake in shares of iShares Gold Trust in the third quarter worth $120,798,000. Finally, Emory University acquired a new stake in shares of iShares Gold Trust in the third quarter worth $78,661,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

Trending Headlines about iShares Gold Trust

Here are the key news stories impacting iShares Gold Trust this week:

• Positive Sentiment: Gold is attempting to rebound after a steep sell-off, with traders watching for a potential bottom near major support. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound After Strong Sell-Off
• Positive Sentiment: Some analysts argue the pullback does not break gold’s long-term bull case, noting that the metal is holding above key support. Don’t fear a drop below $4,000, gold’s bull market isnt broken – Thorsten Polleit
• Neutral Sentiment: Gold is testing a major support zone, and a reversal could form if the undercut-and-run setup holds. Gold (XAU/USD) Price Forecast: Undercut Setup Signals Potential Bottom
• Negative Sentiment: Recent U.S. inflation data and higher-for-longer rate expectations are weighing on gold, pressuring bullion and gold-backed funds like IAU. Gold slumps to 6-month low even as inflation fears rise. Heres why bullion is out of favor
• Negative Sentiment: Several market updates say gold remains in a downtrend and near critical support, suggesting more downside risk if support breaks. Gold price remains under pressure as U.S. jobless claims rises to 229k

iShares Gold Trust Stock Up 3.0%

Shares of iShares Gold Trust stock opened at $79.13 on Friday. The stock has a market cap of $67.37 billion, a PE ratio of 5.53 and a beta of 0.15. The business has a fifty day simple moving average of $86.57 and a 200-day simple moving average of $87.67. iShares Gold Trust has a 12 month low of $61.37 and a 12 month high of $104.40.

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).