Goldman Sachs Group Inc. Purchases 247,284 Shares of iShares Gold Trust $IAU

Goldman Sachs Group Inc. increased its stake in iShares Gold Trust (NYSEARCA:IAU) by 15.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,840,915 shares of the exchange traded fund’s stock after purchasing an additional 247,284 shares during the quarter. Goldman Sachs Group Inc.’s holdings in iShares Gold Trust were worth $149,427,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its stake in iShares Gold Trust by 1.5% in the 3rd quarter. Bank of America Corp DE now owns 30,799,504 shares of the exchange traded fund’s stock worth $2,241,280,000 after purchasing an additional 456,140 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares Gold Trust by 20.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,165,231 shares of the exchange traded fund’s stock worth $958,034,000 after purchasing an additional 2,245,617 shares during the period. UBS Group AG boosted its stake in iShares Gold Trust by 6.5% in the 3rd quarter. UBS Group AG now owns 9,148,055 shares of the exchange traded fund’s stock worth $665,704,000 after purchasing an additional 561,489 shares during the period. Ameriprise Financial Inc. boosted its stake in iShares Gold Trust by 2.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock worth $412,563,000 after purchasing an additional 148,881 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in iShares Gold Trust by 18.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,595,990 shares of the exchange traded fund’s stock worth $535,396,000 after purchasing an additional 1,019,135 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $81.22 on Monday. The firm has a market cap of $69.15 billion, a PE ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 1-year low of $61.37 and a 1-year high of $104.40. The company has a fifty day moving average price of $87.03 and a 200 day moving average price of $87.59.

iShares Gold Trust News Roundup

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

• Negative Sentiment: Gold broke below key technical support, with analysts warning that the metal remains under pressure after inflation fears and hawkish Fed expectations drove a sharp selloff. Gold breaks below key technical support, but analysts see a buying opportunity
• Negative Sentiment: Stronger-than-expected U.S. payrolls triggered broad selling in precious metals as traders bet the Fed may stay hawkish for longer. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 3% As Traders Bet On Hawkish Fed
• Negative Sentiment: Gold fell hard after jumpy U.S. rates and a much stronger-than-expected jobs report boosted yields and weighed on the rate-cut trade. Gold Price Analysis – Gold Drops Hard with Rates Jumping
• Negative Sentiment: Spot gold slipped below $4,500 after the strong jobs report lifted Treasury yields and the dollar, adding to near-term pressure on gold-backed funds. Gold slips below $4,500 as strong jobs report hits rate-cut trade – Kitco AM Report
• Neutral Sentiment: Some analysts say the recent selloff may create a buying opportunity, while longer-term forecasts still call for much higher average gold prices in 2026. Gold demand will drop this year even as supply increases, but average price will still rise 43% in 2026 – Metals Focus
• Neutral Sentiment: Gold has also been described as technically precarious, with some commentary suggesting options markets may be underpricing downside risk. The gold chart looks precarious. Here’s how to profit
• Neutral Sentiment: On the more supportive side, some strategists remain bullish on gold over the longer term, citing deglobalization, inflation pressures, and strategic resource demand. Deglobalization sparks race for strategic resources, driving gold and copper outlook – Sohn Montreal

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).