RFG Advisory LLC raised its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 35.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 38,956 shares of the exchange traded fund’s stock after acquiring an additional 10,263 shares during the period. RFG Advisory LLC’s holdings in iShares Gold Trust were worth $2,942,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. NewEdge Advisors LLC grew its stake in shares of iShares Gold Trust by 4.0% during the second quarter. NewEdge Advisors LLC now owns 756,577 shares of the exchange traded fund’s stock worth $57,129,000 after purchasing an additional 29,326 shares during the period. Centerline Wealth Advisors LLC lifted its stake in iShares Gold Trust by 0.6% in the second quarter. Centerline Wealth Advisors LLC now owns 38,084 shares of the exchange traded fund’s stock valued at $2,876,000 after buying an additional 228 shares during the period. XY Planning Network Inc. lifted its stake in iShares Gold Trust by 14.5% in the second quarter. XY Planning Network Inc. now owns 3,740 shares of the exchange traded fund’s stock valued at $282,000 after buying an additional 474 shares during the period. Allworth Financial LP boosted its holdings in iShares Gold Trust by 1.4% during the second quarter. Allworth Financial LP now owns 263,548 shares of the exchange traded fund’s stock worth $19,901,000 after buying an additional 3,643 shares during the last quarter. Finally, Waverly Advisors LLC boosted its holdings in iShares Gold Trust by 223.4% during the second quarter. Waverly Advisors LLC now owns 353,400 shares of the exchange traded fund’s stock worth $26,685,000 after buying an additional 244,140 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.
iShares Gold Trust Trading Down 1.7%
iShares Gold Trust stock opened at $81.27 on Friday. The firm has a market capitalization of $67.12 billion, a P/E ratio of 5.53 and a beta of 0.19. The business has a 50-day moving average of $80.22 and a 200-day moving average of $84.56. iShares Gold Trust has a 1 year low of $68.17 and a 1 year high of $104.40.
Trending Headlines about iShares Gold Trust
- Positive Sentiment: Gold continues to benefit from structural investment demand. The World Gold Council reported approximately $18 billion of inflows into gold ETFs in August, while UBS said fiscal concerns, geopolitical uncertainty and strong sovereign demand support building strategic gold exposure. World Gold Council ETF inflows article
- Positive Sentiment: Analysts said central-bank gold movements largely reflect repatriation amid sanctions and custody concerns rather than outright liquidation, preserving an important source of long-term demand. StoneX central-bank gold analysis
- Neutral Sentiment: Gold is testing technical support after consolidating below the $4,500 resistance area. A successful defense could set up a rebound, but a break below key levels may trigger additional algorithmic and fund selling. Gold technical support forecast
- Neutral Sentiment: Kalshi’s launch of CFTC-approved perpetual futures for gold and silver expands trading access and could improve market participation, although it may also increase short-term volatility. Kalshi precious-metals perpetual futures article
- Negative Sentiment: A hotter-than-expected U.S. producer-price report, a surge in oil prices and Treasury yields above 4.9% increased expectations for a more hawkish Federal Reserve. Higher yields raise the opportunity cost of holding non-yielding gold and were the primary driver of the latest bullion selling. Kitco gold and silver market report
- Negative Sentiment: TD Securities warned that CTAs and major funds could accelerate selling if gold breaks technical support. Steady jobless claims and the ECB’s rate hike added to the pressure ahead of U.S. CPI data. TD Securities gold support analysis
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).
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