iShares Gold Trust $IAU Stock Holdings Raised by Waverly Advisors LLC

Waverly Advisors LLC grew its position in iShares Gold Trust (NYSEARCA:IAU) by 223.4% in the second quarter, Holdings Channel.com reports. The fund owned 353,400 shares of the exchange traded fund’s stock after buying an additional 244,140 shares during the period. Waverly Advisors LLC’s holdings in iShares Gold Trust were worth $26,685,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Godfrey Financial Associates Inc. bought a new stake in iShares Gold Trust during the fourth quarter valued at $25,000. Monetary Solutions Ltd bought a new stake in shares of iShares Gold Trust during the 4th quarter valued at about $26,000. Merkkuri Wealth Advisors LLC acquired a new stake in iShares Gold Trust during the first quarter worth about $26,000. Fairway Wealth LLC lifted its holdings in iShares Gold Trust by 525.0% in the first quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 252 shares during the last quarter. Finally, Rossby Financial LCC boosted its stake in iShares Gold Trust by 75.7% in the fourth quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 140 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Stock Down 1.7%

Shares of NYSEARCA:IAU traded down $1.44 during trading on Tuesday, hitting $81.95. 4,470,623 shares of the company traded hands, compared to its average volume of 9,909,433. The business’s fifty day moving average is $80.01 and its 200-day moving average is $84.74. The stock has a market capitalization of $67.68 billion, a price-to-earnings ratio of 5.53 and a beta of 0.19. iShares Gold Trust has a one year low of $68.17 and a one year high of $104.40.

Trending Headlines about iShares Gold Trust

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

• Positive Sentiment: China’s central bank purchased 20.2 metric tonnes of gold in August, its largest monthly addition since October 2023. Continued central-bank demand provides important structural support for gold prices. China’s central bank buys 20.2 tonnes of gold in August
• Positive Sentiment: Société Générale said physical, futures and options positioning remains broadly bullish, while Goldman Sachs characterized the recent weakness as a pause rather than the end of gold’s longer-term uptrend. These views support the possibility of renewed gains for IAU if prices break resistance. Société Générale gold positioning analysis
• Positive Sentiment: Renewed U.S.-Iran tensions and a weaker dollar have supplied some safe-haven support, limiting the downside in precious metals. Iran risks support metals
• Neutral Sentiment: Gold is consolidating near technical resistance. A move above roughly $4,500–$4,511 could trigger renewed momentum, while upcoming U.S. PPI and CPI reports may determine the next major direction. Gold Price Forecast: $4,511 Breakout Could Spark Momentum
• Negative Sentiment: Gold retreated as crude oil approached $100, Treasury yields stayed elevated and stronger employment data increased expectations for a hawkish Fed. Higher yields raise the opportunity cost of holding non-yielding gold, weighing on IAU in the short term. Gold price slides as Brent nears $100

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).