Envestnet Asset Management Inc. Sells 185,262 Shares of iShares Gold Trust $IAU

Envestnet Asset Management Inc. reduced its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 2.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,801,039 shares of the exchange traded fund’s stock after selling 185,262 shares during the period. Envestnet Asset Management Inc. owned 1.12% of iShares Gold Trust worth $664,566,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Evolution Wealth Management Inc. boosted its position in shares of iShares Gold Trust by 40.3% during the 1st quarter. Evolution Wealth Management Inc. now owns 432 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 124 shares in the last quarter. Brooks Moore & Associates Inc. increased its holdings in iShares Gold Trust by 2.1% in the fourth quarter. Brooks Moore & Associates Inc. now owns 6,076 shares of the exchange traded fund’s stock worth $493,000 after purchasing an additional 125 shares in the last quarter. SmartHarvest Portfolios LLC increased its holdings in iShares Gold Trust by 2.0% in the first quarter. SmartHarvest Portfolios LLC now owns 6,485 shares of the exchange traded fund’s stock worth $572,000 after purchasing an additional 129 shares in the last quarter. Nemes Rush Group LLC lifted its stake in iShares Gold Trust by 1.9% in the fourth quarter. Nemes Rush Group LLC now owns 6,982 shares of the exchange traded fund’s stock valued at $567,000 after buying an additional 130 shares during the period. Finally, Retirement Wealth Solutions LLC lifted its stake in iShares Gold Trust by 2.4% in the second quarter. Retirement Wealth Solutions LLC now owns 6,163 shares of the exchange traded fund’s stock valued at $465,000 after buying an additional 145 shares during the period. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of iShares Gold Trust stock traded down $1.51 on Wednesday, reaching $80.52. 5,642,700 shares of the company’s stock were exchanged, compared to its average volume of 9,644,896. The company has a market capitalization of $63.50 billion, a P/E ratio of 5.53 and a beta of 0.19. iShares Gold Trust has a 52 week low of $70.04 and a 52 week high of $104.40. The firm’s 50-day moving average is $80.92 and its two-hundred day moving average is $83.63.

Key iShares Gold Trust News

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

• Positive Sentiment: Goldman Sachs projects gold could reach $4,900 per ounce in 2026, citing strong sovereign demand and evidence that China’s purchases were substantially higher than officially reported. This supports the underlying value of IAU. Goldman Sachs gold price forecast
• Positive Sentiment: China’s gold imports exceeded 1,100 tonnes through August, already surpassing all of 2025 and indicating robust physical investment demand. China gold imports
• Positive Sentiment: Gold-backed ETF holdings are rising even as real yields reach multi-year highs, suggesting fiscal concerns and liquidity conditions are attracting investors beyond traditional interest-rate considerations. Gold ETF flows and fiscal concerns
• Neutral Sentiment: TD Securities and BMO see limited downside and strengthening underlying demand, while technical analysts identify support near $4,300 and a potential rebound toward $4,543 if gold regains $4,399. TD Securities gold outlook
• Negative Sentiment: A stronger-than-expected U.S. flash Composite PMI, which rose to 58.4, reinforced expectations for resilient economic activity and potentially tighter Federal Reserve policy. That lifted the dollar and Treasury yields, making non-yielding gold less attractive. September flash PMI and gold prices
• Negative Sentiment: Hawkish Fed expectations, rising yields and dollar strength are keeping gold under pressure and have pushed prices below near-term technical support. Continued weakness could weigh on IAU until the dollar and rate outlook ease. Gold drops below $4,300 on hawkish Fed bets

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).