TIAA Trust National Association Acquires 40,071 Shares of iShares Gold Trust $IAU

TIAA Trust National Association grew its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 6.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 707,627 shares of the exchange traded fund’s stock after purchasing an additional 40,071 shares during the quarter. TIAA Trust National Association owned about 0.08% of iShares Gold Trust worth $57,438,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Bank of America Corp DE raised its holdings in shares of iShares Gold Trust by 1.5% during the 3rd quarter. Bank of America Corp DE now owns 30,799,504 shares of the exchange traded fund’s stock valued at $2,241,280,000 after purchasing an additional 456,140 shares in the last quarter. LPL Financial LLC raised its holdings in shares of iShares Gold Trust by 1.5% during the 4th quarter. LPL Financial LLC now owns 13,742,286 shares of the exchange traded fund’s stock valued at $1,115,461,000 after purchasing an additional 203,528 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares Gold Trust by 20.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,165,231 shares of the exchange traded fund’s stock valued at $958,034,000 after purchasing an additional 2,245,617 shares in the last quarter. UBS Group AG raised its holdings in shares of iShares Gold Trust by 6.5% during the 3rd quarter. UBS Group AG now owns 9,148,055 shares of the exchange traded fund’s stock valued at $665,704,000 after purchasing an additional 561,489 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of iShares Gold Trust by 2.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock valued at $412,563,000 after purchasing an additional 148,881 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.2%

iShares Gold Trust stock opened at $81.38 on Tuesday. The company has a market capitalization of $69.28 billion, a P/E ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 1-year low of $61.37 and a 1-year high of $104.40. The firm’s fifty day simple moving average is $87.01 and its 200-day simple moving average is $87.63.

iShares Gold Trust News Summary

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

• Positive Sentiment: Gold is getting support from renewed Middle East tensions and safe-haven demand, helping stabilize prices after recent volatility. Gold holds near $4,330 as oil pares Iran-Israel risk premium – Kitco PM Report
• Positive Sentiment: China added another 9.95 tonnes to its gold reserves in May, extending a 19-month buying streak that supports longer-term demand for bullion-backed funds like IAU. China increases gold reserves by 9.95 tonnes in May for 19th straight month of purchases
• Positive Sentiment: Some traders are buying the dip after gold’s recent sell-off, suggesting near-term bargain hunting could help IAU recover. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound After Sell-Off
• Neutral Sentiment: Gold remains below key technical levels and could retest $4,000 if inflation and rate pressures continue, which keeps sentiment cautious. Gold could test $4,000 support as inflation risks loom, but long-term bullish outlook remains
• Negative Sentiment: Stronger U.S. payrolls data reduced expectations for Fed rate cuts, pushing Treasury yields and the dollar higher and weighing on gold prices. Gold News: Gold Price Tumbles as Blowout Payrolls Crush Rate-Cut Hopes

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).