iShares Gold Trust $IAU Stake Raised by Variant Private Wealth LLC

Variant Private Wealth LLC grew its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 184.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 67,994 shares of the exchange traded fund’s stock after acquiring an additional 44,112 shares during the quarter. iShares Gold Trust comprises 4.7% of Variant Private Wealth LLC’s investment portfolio, making the stock its 7th largest position. Variant Private Wealth LLC’s holdings in iShares Gold Trust were worth $5,310,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Evolution Wealth Management Inc. increased its stake in iShares Gold Trust by 40.3% in the 1st quarter. Evolution Wealth Management Inc. now owns 432 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 124 shares during the period. SmartHarvest Portfolios LLC increased its stake in shares of iShares Gold Trust by 2.0% during the first quarter. SmartHarvest Portfolios LLC now owns 6,485 shares of the exchange traded fund’s stock valued at $572,000 after buying an additional 129 shares during the period. Retirement Planning Group LLC lifted its stake in iShares Gold Trust by 0.7% in the third quarter. Retirement Planning Group LLC now owns 19,160 shares of the exchange traded fund’s stock worth $1,496,000 after acquiring an additional 130 shares during the period. Euro Pacific Asset Management LLC increased its position in iShares Gold Trust by 3.9% during the 3rd quarter. Euro Pacific Asset Management LLC now owns 3,504 shares of the exchange traded fund’s stock valued at $293,000 after purchasing an additional 131 shares during the period. Finally, Physician Wealth Advisors Inc. raised its holdings in iShares Gold Trust by 4.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 3,724 shares of the exchange traded fund’s stock worth $291,000 after purchasing an additional 142 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

More iShares Gold Trust News

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

• Positive Sentiment: Gold is attempting to establish a bottom near a key demand zone as the U.S. 10-year real yield eases to 2.77%. Lower real yields generally reduce the opportunity cost of holding non-yielding gold. Gold Tests a Bottom as 10-Year Real Yields Ease to 2.77%
• Positive Sentiment: Gold ETF holdings have reached a record, signaling continued investor demand despite recent price weakness. The World Gold Council also estimates tokenized gold could eventually unlock as much as $700 billion in additional demand, creating a longer-term bullish catalyst for bullion and IAU. Gold and Silver Price Forecast Tokenized Gold Could Unlock New Demand
• Neutral Sentiment: Technical indicators remain mixed: gold is holding important support near $4,000-$4,100, while resistance around $4,217-$4,260 must be cleared to confirm a broader bullish reversal. Gold Tests Major Demand Zone
• Negative Sentiment: Higher oil prices are reviving inflation concerns and increasing expectations for additional Federal Reserve tightening. Firmer Treasury yields and a stronger dollar are also weighing on precious metals, limiting upside for IAU. Gold Falls Amid Pressure From Rising Crude Prices
• Negative Sentiment: Markets are assigning high odds to a December rate increase, keeping gold and silver under pressure even as U.S. housing data weakens. The combination of resilient yields, inflation risk and rate-hike expectations is the main near-term headwind for IAU. December Hike Bets Build
• Negative Sentiment: Russia sold approximately 6.2 tonnes of gold in September, reducing its sovereign holdings to the lowest level since 2019. The sale adds a modest source of near-term supply, though its market impact is likely smaller than changes in yields, the dollar and central-bank demand. Russia Sells Gold in September

iShares Gold Trust Stock Up 0.2%

Shares of IAU stock traded up $0.15 during trading hours on Wednesday, hitting $77.59. 3,111,837 shares of the company’s stock traded hands, compared to its average volume of 9,100,468. The stock’s fifty day simple moving average is $81.27 and its two-hundred day simple moving average is $81.95. The stock has a market cap of $61.19 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a 12-month low of $73.74 and a 12-month high of $104.40.

About iShares Gold Trust

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).