Truist Financial Corp increased its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 1.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,904,081 shares of the exchange traded fund’s stock after buying an additional 89,891 shares during the period. Truist Financial Corp’s holdings in iShares Gold Trust were worth $479,234,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently made changes to their positions in IAU. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares Gold Trust in the 3rd quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. purchased a new stake in shares of iShares Gold Trust in the 3rd quarter worth approximately $29,000. Dakota Community Bank & Trust NA purchased a new stake in shares of iShares Gold Trust in the 4th quarter worth approximately $30,000. Fourth Dimension Wealth LLC grew 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 worth $31,000 after buying an additional 349 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares Gold Trust in the 3rd quarter worth approximately $31,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Price Performance
iShares Gold Trust stock opened at $86.72 on Monday. The company has a market capitalization of $73.83 billion, a P/E ratio of 5.53 and a beta of 0.16. The stock’s 50 day moving average is $90.99 and its 200 day moving average is $86.12. iShares Gold Trust has a twelve month low of $59.71 and a twelve month high of $104.40.
Key Headlines Impacting iShares Gold Trust
- Positive Sentiment: Disappointing ISM data lifted safe‑haven demand and put intraday bids under gold, a direct supportive factor for gold-backed ETFs like IAU. Gold prices trading near session highs following disappointing ISM data
- Positive Sentiment: Bank of America reiterated an extremely bullish 12‑month gold target, which can support investor sentiment and flows into gold ETFs over the medium term. Bank of America stands firm on 12-month $6,000 gold target, sees silver averaging $86
- Positive Sentiment: Recent dips were met with bargain buying after weaker U.S. GDP and softer yields at times, providing intermittent support for gold ETF flows. Gold News: Gold Price Rebounds as Weak GDP and Lower Yields Support Bounce
- Neutral Sentiment: Multiple technical and market‑commentary pieces describe gold as rangebound/consolidating — this suggests muted near‑term volatility rather than a clear directional driver for IAU. Gold (XAUUSD) Price Forecast: Gold Price Consolidating as Yields Cap Rally
- Neutral Sentiment: Reports note choppy trading with macro headlines (Middle East, energy) the main wildcards; that keeps flows episodic and makes short‑term moves harder to predict. Gold Price Analysis – Gold Continues to See Choppiness
- Negative Sentiment: Several technical analyses highlight a persistent bearish structure and key resistance zones that cap upside — technical pressure can discourage new ETF inflows. Gold (XAU/USD) Price Forecast: Bearish Structure Persists Amid Key Resistance Zones
- Negative Sentiment: Rising interest rates and the link between higher yields and lower gold real returns remain a headwind; weekly analysis shows rates driving recent downside pressure. Gold Weekly Price Analysis – Gold Drops for the Week with Rates Rising
- Negative Sentiment: Higher oil prices and inflation risk can delay Fed easing and keep yields elevated, which is unfavorable for gold in the short term. Gold and Silver Technical Analysis: Oil Shock Keeps Metals Under Pressure
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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