Mosley Wealth Management Buys Shares of 37,026 iShares Gold Trust $IAU

Mosley Wealth Management bought a new stake in iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 37,026 shares of the exchange traded fund’s stock, valued at approximately $2,822,000. iShares Gold Trust makes up approximately 1.3% of Mosley Wealth Management’s investment portfolio, making the stock its 18th biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IAU. Wills Financial Group LLC lifted its position in shares of iShares Gold Trust by 9.8% in the fourth quarter. Wills Financial Group LLC now owns 147,134 shares of the exchange traded fund’s stock worth $11,943,000 after buying an additional 13,093 shares during the last quarter. Hudson Oak Wealth Advisory LLC acquired a new stake in shares of iShares Gold Trust in the fourth quarter worth about $1,725,000. Allianz SE lifted its position in shares of iShares Gold Trust by 2.8% in the third quarter. Allianz SE now owns 1,186,632 shares of the exchange traded fund’s stock worth $86,351,000 after buying an additional 32,341 shares during the last quarter. Advisory Services Network LLC lifted its position in shares of iShares Gold Trust by 20.3% in the third quarter. Advisory Services Network LLC now owns 207,238 shares of the exchange traded fund’s stock worth $15,081,000 after buying an additional 35,018 shares during the last quarter. Finally, South Shore Capital Advisors acquired a new stake in shares of iShares Gold Trust in the fourth quarter worth about $858,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust News Summary

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

• Positive Sentiment: Gold is attempting to rebound after a steep sell-off, with traders watching for a potential bottom near major support. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound After Strong Sell-Off
• Positive Sentiment: Some analysts argue the pullback does not break gold’s long-term bull case, noting that the metal is holding above key support. Don’t fear a drop below $4,000, gold’s bull market isnt broken – Thorsten Polleit
• Neutral Sentiment: Gold is testing a major support zone, and a reversal could form if the undercut-and-run setup holds. Gold (XAU/USD) Price Forecast: Undercut Setup Signals Potential Bottom
• Negative Sentiment: Recent U.S. inflation data and higher-for-longer rate expectations are weighing on gold, pressuring bullion and gold-backed funds like IAU. Gold slumps to 6-month low even as inflation fears rise. Heres why bullion is out of favor
• Negative Sentiment: Several market updates say gold remains in a downtrend and near critical support, suggesting more downside risk if support breaks. Gold price remains under pressure as U.S. jobless claims rises to 229k

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $79.13 on Friday. iShares Gold Trust has a fifty-two week low of $61.37 and a fifty-two week high of $104.40. The business has a 50-day moving average of $86.57 and a two-hundred day moving average of $87.67. The stock has a market capitalization of $67.37 billion, a P/E ratio of 5.53 and a beta of 0.15.

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).