iShares Gold Trust $IAU Shares Bought by Outlook Wealth Advisors LLC

Outlook Wealth Advisors LLC raised its holdings in iShares Gold Trust (NYSEARCA:IAU) by 48.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 24,046 shares of the exchange traded fund’s stock after acquiring an additional 7,876 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $1,952,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE lifted its holdings in iShares Gold Trust by 1.5% in the third quarter. Bank of America Corp DE now owns 30,799,504 shares of the exchange traded fund’s stock valued at $2,241,280,000 after acquiring an additional 456,140 shares during the period. LPL Financial LLC lifted its holdings in iShares Gold Trust by 1.5% in the fourth quarter. LPL Financial LLC now owns 13,742,286 shares of the exchange traded fund’s stock valued at $1,115,461,000 after acquiring an additional 203,528 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares Gold Trust by 20.6% in the third quarter. JPMorgan Chase & Co. now owns 13,165,231 shares of the exchange traded fund’s stock valued at $958,034,000 after acquiring an additional 2,245,617 shares during the period. UBS Group AG raised its stake in shares of iShares Gold Trust by 6.5% during the 3rd quarter. UBS Group AG now owns 9,148,055 shares of the exchange traded fund’s stock worth $665,704,000 after buying an additional 561,489 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of iShares Gold Trust by 2.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock worth $412,563,000 after buying an additional 148,881 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 1.6%

NYSEARCA:IAU opened at $80.07 on Wednesday. The company has a market capitalization of $68.17 billion, a PE ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 52-week low of $61.37 and a 52-week high of $104.40. The stock has a fifty day simple moving average of $86.92 and a 200-day simple moving average of $87.65.

iShares Gold Trust News Summary

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

• Positive Sentiment: China continued buying gold, increasing its reserves for a 19th straight month, which provides some longer-term support for bullion demand. China increases gold reserves by 9.95 tonnes in May for 19th straight month of purchases
• Positive Sentiment: Some analysts still see a bullish long-term case for gold, arguing that inflation could eventually push real rates lower and support a later rebound. Rising inflation may push real rates lower, setting the stage for gold’s next rally – WisdomTree’s Shah
• Neutral Sentiment: Gold and silver were described as holding near steady at times as traders weighed geopolitical safe-haven demand against firmer U.S. rate expectations ahead of inflation data. Gold holds near $4,330 as oil pares Iran-Israel risk premium – Kitco PM Report
• Neutral Sentiment: Gold price action is increasingly tied to upcoming U.S. inflation releases and interest-rate expectations, leaving traders waiting for a clearer catalyst. Gold Price Analysis – Gold Continues to Move to Rate Markets
• Negative Sentiment: Gold has broken below key technical support, with multiple reports citing weakness under the 200-day moving average and growing downside risk. Gold (XAU/USD) Price Forecast: Bearish Pressure Builds After Breakdown
• Negative Sentiment: Stronger U.S. jobs and housing data have reduced expectations for near-term Fed easing, lifting yields and pressuring gold further. Gold price continues to struggle as U.S. Existing Home Sales rise 3.2% in May
• Negative Sentiment: Fed rate-hike expectations have climbed, and several analysts say the broader precious-metals complex is selling off, adding to downside pressure on gold. Gold News: Fed Rate Hike Expectations Put Gold Market Under Pressure
• Negative Sentiment: Platinum and palladium also extended losses, signaling broader weakness across precious metals rather than an isolated move in gold. Platinum, palladium extend losses as Bank of America maintains bullish year-end price outlook

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).