Waldron Private Wealth LLC purchased a new position in iShares Gold Trust (NYSEARCA:IAU – Free Report) in the third quarter, HoldingsChannel.com reports. The institutional investor purchased 34,131 shares of the exchange traded fund’s stock, valued at approximately $2,484,000.
Several other large investors have also modified their holdings of IAU. Keener Financial Planning LLC purchased a new position in shares of iShares Gold Trust during the second quarter worth approximately $25,000. MTM Investment Management LLC purchased a new stake in iShares Gold Trust during the 2nd quarter worth approximately $25,000. Private Wealth Management Group LLC increased its position in shares of iShares Gold Trust by 290.9% in the 2nd quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 320 shares during the period. Key Financial Inc acquired a new stake in shares of iShares Gold Trust during the second quarter worth about $28,000. Finally, Mountain Hill Investment Partners Corp. purchased a new stake in shares of iShares Gold Trust in the 3rd quarter valued at $29,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Stock Performance
IAU stock opened at $91.56 on Wednesday. iShares Gold Trust has a one year low of $51.51 and a one year high of $89.75. The firm has a market cap of $76.96 billion, a PE ratio of 5.53 and a beta of 0.09. The firm’s fifty day moving average is $81.45 and its 200 day moving average is $73.32.
Trending Headlines about iShares Gold Trust
- Positive Sentiment: Geopolitical shock and safe‑haven buying pushed gold to new record highs, lifting bullion demand and ETFs like IAU. Gold breaks new record on Greenland tariff threats, with forecast of $7,000 on the cards
- Positive Sentiment: Analysts and technical commentators are targeting much higher levels (talk of $5,000/oz) and noting strong buyer interest — momentum that supports further gains for gold ETFs. Gold Price Analysis – Gold Continues to See Buyers on Wednesday, Focus is on $5,000
- Positive Sentiment: Multiple market reports show continued surge in gold (spot prints in the $4,700–$4,900 range), which is directly boosting IAU inflows and NAV as bullion prices rise. Gold price continues to surge but silver decouples
- Neutral Sentiment: Regulatory actions hitting some miners (permit revocations in Indonesia) create sector-specific headwinds for mining stocks but have an unclear or limited direct impact on a bullion ETF like IAU. China-backed power plant, Astra gold mine lose permits in Indonesian environmental crackdown
- Neutral Sentiment: Intraday technical guides and trader entry levels are being published (useful for short‑term traders) but do not change the macro drivers supporting bullion ETFs. Gold market analysis for January 21 – key intra-day price entry levels for active traders
- Negative Sentiment: Some outlets warn of near‑term technical consolidation or corrections after rapid gains — this could cause short-term pullbacks in IAU even if the medium‑term bullish story remains intact. Gold Consolidates; May Face Technical Correction
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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