Evolve Private Wealth LLC Makes New $21.13 Million Investment in iShares Gold Trust $IAU

Evolve Private Wealth LLC acquired a new position in iShares Gold Trust (NYSEARCA:IAU) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 260,335 shares of the exchange traded fund’s stock, valued at approximately $21,131,000. iShares Gold Trust makes up about 1.3% of Evolve Private Wealth LLC’s investment portfolio, making the stock its 12th largest holding.

A number of other institutional investors have also added to or reduced their stakes in the company. Schmidt P J Investment Management Inc. grew its position in iShares Gold Trust by 1.1% in the 4th quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock worth $760,000 after purchasing an additional 106 shares in the last quarter. Foster Group Inc. grew its position in iShares Gold Trust by 2.4% in the 4th quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock worth $416,000 after purchasing an additional 120 shares in the last quarter. Haverford Trust Co grew its position in iShares Gold Trust by 3.4% in the 4th quarter. Haverford Trust Co now owns 3,617 shares of the exchange traded fund’s stock worth $294,000 after purchasing an additional 120 shares in the last quarter. Brooks Moore & Associates Inc. grew its position in iShares Gold Trust by 2.1% in the 4th quarter. Brooks Moore & Associates Inc. now owns 6,076 shares of the exchange traded fund’s stock worth $493,000 after purchasing an additional 125 shares in the last quarter. Finally, Nemes Rush Group LLC grew its position in iShares Gold Trust by 1.9% in the 4th quarter. Nemes Rush Group LLC now owns 6,982 shares of the exchange traded fund’s stock worth $567,000 after purchasing an additional 130 shares in the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $79.64 on Thursday. iShares Gold Trust has a 52-week low of $61.37 and a 52-week high of $104.40. The company has a 50-day simple moving average of $85.94 and a two-hundred day simple moving average of $87.73. The company has a market capitalization of $67.80 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15.

Key Stories Impacting iShares Gold Trust

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

• Positive Sentiment: Wells Fargo said gold’s bull market still has room to run, citing inflation risks and fiscal deficits as supportive of higher prices. Gold’s bull market has room to run as inflation risks, fiscal deficits support prices – Wells Fargo
• Positive Sentiment: Central banks are expected to keep increasing gold reserves, with more institutions bringing bullion home amid rising geopolitical risk. Central banks are bringing gold reserves home as geopolitical risks rise
• Positive Sentiment: World Gold Council survey data showed a record share of central banks plan to increase gold holdings, reinforcing official-sector demand. Record 45% of central banks plan to increase gold holdings, WGC survey finds
• Neutral Sentiment: Some analysts said the gold market remains in a consolidation phase, with investors waiting for clearer signals on rates, inflation, and geopolitics. Gold is still stuck in a holding pattern, but the bullish long-term case remains intact, says Tanglewood’s Bruce
• Negative Sentiment: The Fed’s hawkish tilt and talk of a possible rate hike later in 2026 pressured gold lower, which is weighing on IAU. Warsh’s focus on price stability sends gold prices lower
• Negative Sentiment: Technical forecasts turned bearish as gold reversed from resistance and remained in a downtrend with weaker momentum. Gold (XAU/USD) Price Forecast: Downtrend Holds as Resistance Strengthens

iShares Gold Trust Company Profile

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).