Whittier Trust Co. of Nevada Inc. boosted its position in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 18.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 122,605 shares of the exchange traded fund’s stock after purchasing an additional 19,140 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in iShares Gold Trust were worth $10,375,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in iShares Gold Trust by 47.7% during the third quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock valued at $1,493,292,000 after acquiring an additional 6,623,876 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new position in shares of iShares Gold Trust during the third quarter worth $193,639,000. JPMorgan Chase & Co. lifted 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 during the last quarter. Packer & Co Ltd purchased a new stake in shares of iShares Gold Trust during the 3rd quarter valued at $156,463,000. Finally, Mizuho Bank Ltd. acquired a new stake in shares of iShares Gold Trust in the 3rd quarter worth $120,798,000. 59.67% of the stock is owned by hedge funds and other institutional investors.
iShares Gold Trust Price Performance
Shares of IAU stock opened at $90.16 on Friday. The stock’s fifty day moving average price is $92.15 and its 200 day moving average price is $85.01. iShares Gold Trust has a 1-year low of $59.71 and a 1-year high of $104.40. The company has a market cap of $76.76 billion, a price-to-earnings ratio of 5.53 and a beta of 0.20.
iShares Gold Trust News Roundup
- Positive Sentiment: U.S.–Iran diplomacy hopes reduced demand for the dollar as a haven, which supported gold prices and provided upside interest for gold-backed products like IAU. Gold Edges Higher on Hopes for U.S.-Iran Deal
- Positive Sentiment: Separately, reports noting dollar weakness tied to diplomacy and risk-on flows offered intermittent support to gold, cushioning downside pressure. Losses by the Dollar as Focus on Diplomacy Continues
- Neutral Sentiment: Technical and range‑bound commentary: analysts say gold remains in a trading range and needs a decisive breakout (above the 50‑day MA) to confirm further upside; until then, IAU may track choppy price action. Gold and Silver Price Analysis: Will a Breakout End the Current Range?
- Neutral Sentiment: Intraday/technical pieces note modest, consolidative trading and technical buying; these suggest short‑term range trading rather than a clear trend for IAU. Gold up a bit, silver weaker in quieter, consolidative trade
- Negative Sentiment: Odds of an imminent Fed rate cut fell (to ~27%), and commentary that the Fed remains on hold lifted the dollar and raised opportunity cost for holding gold, weighing on IAU. Gold News: Gold Rally Loses Steam as Rate Cut Odds Fall to 27%
- Negative Sentiment: Stronger regional economic readings (e.g., Philly Fed jump) and higher Treasury yields have weakened gold’s safe‑haven appeal and contributed to profit‑taking, pressuring gold-linked ETFs. Gold’s safe-haven appeal weakening as Philly Fed Survey jumps in April
- Negative Sentiment: Analysts flag profit‑taking as yields tick up, a short‑term headwind for gold that can produce downside for IAU until macro drivers stabilize. Gold Pulls Back Amid Profit-Taking
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).
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