Well Done LLC increased its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 4.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 165,718 shares of the exchange traded fund’s stock after purchasing an additional 7,727 shares during the quarter. iShares Gold Trust accounts for 2.0% of Well Done LLC’s investment portfolio, making the stock its 10th biggest position. Well Done LLC’s holdings in iShares Gold Trust were worth $13,451,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in IAU. Abich Financial Wealth Management LLC bought a new position in shares of iShares Gold Trust during the third quarter valued at about $25,000. Mountain Hill Investment Partners Corp. bought a new stake in shares of iShares Gold Trust in the 3rd quarter valued at about $29,000. Fourth Dimension Wealth LLC lifted its stake in shares of iShares Gold Trust by 436.3% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 349 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in iShares Gold Trust during the 3rd quarter valued at about $31,000. Finally, SOA Wealth Advisors LLC. boosted its holdings in iShares Gold Trust by 230.0% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 462 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 322 shares during the period. 59.67% of the stock is owned by institutional investors.
iShares Gold Trust Price Performance
IAU opened at $82.09 on Friday. The stock’s 50 day simple moving average is $93.38 and its 200 day simple moving average is $83.02. The firm has a market cap of $69.31 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 1 year low of $55.78 and a 1 year high of $104.40.
More iShares Gold Trust News
- Positive Sentiment: Signs of easing Middle East tensions lifted safe-haven flows briefly, giving gold (and therefore IAU) a temporary bid. Gold Rises Amid Signs of Easing Middle East Tensions
- Positive Sentiment: Wells Fargo and other analysts continue to publish multi-month/year-end bullish forecasts for gold, arguing current weakness could be a buying opportunity that supports IAU over a longer horizon. Gold struggles amid geopolitical tensions, but Wells Fargo still sees $6,200/oz
- Positive Sentiment: The Swiss Bankers Association reiterated gold’s growing role as a store of value, reinforcing structural demand arguments that can underpin IAU over time. Swiss Bankers Association says gold’s importance as a store of value is only increasing
- Neutral Sentiment: Technical analysts note rebounds from key support levels; intraday strength could produce short squeezes but upside is capped without a weaker dollar or falling yields. Gold and Silver Technical Analysis
- Neutral Sentiment: Market-structure pieces (trading levels, retail flows) explain that some of the move comes from retail positioning and intra-day liquidity — factors that can amplify swings but don’t change fundamentals. Precious metals price declines stem from retail pile-in
- Negative Sentiment: Broad dollar strength and rising U.S. Treasury yields—reinforced by coordinated hawkish comments from major central banks—are the primary drivers pushing gold lower and weighing on IAU. The Fed Meeting Changed Everything
- Negative Sentiment: An oil market rally (oil above $100) and related macro shifts are paradoxically tightening financial conditions and suppressing safe-haven demand, contributing to recent gold declines. Gold Dives 2.5% As Oil Markets Rally
- Negative Sentiment: Central bank and macro-driven risk-off hasn’t supported gold as expected—several market commentaries highlight a “safe-haven exit” and sharp plunges as the dollar rallies. Safe-Haven Exit? Why Gold is Diving
- Negative Sentiment: Turkey’s recent sale of 58.4 tonnes of official gold increased available supply and added local selling pressure to the market. Turkey taps its gold reserves, sells 58.4 tonnes
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).
Further Reading
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