iShares Gold Trust $IAU Shares Bought by Parkside Investments LLC

Parkside Investments LLC raised its position in iShares Gold Trust (NYSEARCA:IAU) by 21.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 136,998 shares of the exchange traded fund’s stock after acquiring an additional 23,921 shares during the quarter. iShares Gold Trust makes up approximately 1.4% of Parkside Investments LLC’s portfolio, making the stock its 20th biggest position. Parkside Investments LLC’s holdings in iShares Gold Trust were worth $11,120,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in shares of iShares Gold Trust during the fourth quarter worth about $1,864,000. Bison Wealth LLC increased its stake in shares of iShares Gold Trust by 78.5% during the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after buying an additional 7,379 shares during the period. AQR Capital Management LLC raised its holdings in iShares Gold Trust by 47.0% in the first quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock valued at $1,588,000 after acquiring an additional 8,609 shares in the last quarter. Glenview Trust co raised its holdings in iShares Gold Trust by 9.7% in the second quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock valued at $772,000 after acquiring an additional 1,095 shares in the last quarter. Finally, Main Street Financial Solutions LLC lifted its stake in iShares Gold Trust by 6.3% in the second quarter. Main Street Financial Solutions LLC now owns 36,817 shares of the exchange traded fund’s stock worth $2,296,000 after acquiring an additional 2,172 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

More iShares Gold Trust News

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

• Positive Sentiment: Gold prices climbed as easing Middle East tensions and hopes for a U.S.-Iran deal pressured oil lower, while a weaker dollar and softer Treasury-yield expectations improved the outlook for bullion. Gold, Silver Rise on Hopes for U.S.-Iran Deal
• Positive Sentiment: Market commentary says gold’s selloff looks more like forced sovereign liquidation than a break in the long-term bull case, suggesting room for another leg higher if central banks turn more dovish. Gold’s forced sovereign liquidations could pave the way for the metal’s next great bull run – SPI’s Stephen Innes
• Positive Sentiment: Spot gold and silver were higher in early trading as lower oil prices, a softer dollar, and reduced rate-cut pressure supported precious metals. Gold and silver rally as Hormuz deal hopes sink oil – Kitco AM Report
• Neutral Sentiment: Gold remains technically supported around key levels, with traders watching whether the rally can extend further if geopolitical uncertainty persists. Gold Price Analysis – Gold Rallies in Holiday Trading
• Neutral Sentiment: Russia’s central bank reduced its gold reserves again in April, but the report is more of a macro gold-market signal than a direct catalyst for IAU. Russia’s sovereign gold reserves plunge 5.7 tonnes in April to 24-year low amid mounting deficits

iShares Gold Trust Price Performance

Shares of iShares Gold Trust stock opened at $84.81 on Tuesday. 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 moving average of $87.84 and a 200 day moving average of $87.13. The company has a market capitalization of $72.20 billion, a P/E ratio of 5.53 and a beta of 0.16.

iShares Gold Trust 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).