Glen Eagle Advisors LLC Increases Position in iShares Gold Trust $IAU

Glen Eagle Advisors LLC increased its holdings in iShares Gold Trust (NYSEARCA:IAU) by 2,642.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,800 shares of the exchange traded fund’s stock after acquiring an additional 21,005 shares during the period. Glen Eagle Advisors LLC’s holdings in iShares Gold Trust were worth $1,922,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Concurrent Investment Advisors LLC grew its stake in iShares Gold Trust by 381.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 2,534,729 shares of the exchange traded fund’s stock valued at $205,744,000 after purchasing an additional 2,008,288 shares during the period. Citigroup Inc. raised its stake in shares of iShares Gold Trust by 35.7% during the 4th quarter. Citigroup Inc. now owns 7,201,313 shares of the exchange traded fund’s stock worth $584,531,000 after purchasing an additional 1,893,594 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Gold Trust by 18.3% during 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. Orion Porfolio Solutions LLC boosted its holdings in shares of iShares Gold Trust by 503.7% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 930,318 shares of the exchange traded fund’s stock worth $58,015,000 after buying an additional 776,215 shares during the last quarter. Finally, VCU Investment Management Co purchased a new position in shares of iShares Gold Trust in the 4th quarter worth about $61,835,000. 59.67% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting iShares Gold Trust

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

• Positive Sentiment: Crude oil prices declined after a U.S.-Iran pause in fighting, easing near-term inflation concerns and pushing bond yields and the dollar lower—conditions that generally support gold and IAU. Gold continues to hold $4,000 as U.S.-Iran pause pressures crude oil
• Positive Sentiment: Longer-term demand remains constructive, with central-bank purchases, ETF inflows and rising Asian demand providing support. BMO said China’s gold holdings could surpass U.S. holdings within five years, strengthening the strategic demand outlook for gold. China’s gold stockpile could surpass U.S. holdings
• Positive Sentiment: Analysts at State Street argued that the next major $1,000 move in gold is more likely to be higher if Federal Reserve hawkishness has peaked, offering a potential upside catalyst for IAU once monetary-policy uncertainty clears. Gold’s next $1,000 move is likely higher
• Neutral Sentiment: Gold is consolidating around $4,000 as investors await the Fed’s guidance. The decision and forthcoming PCE inflation report could determine whether precious metals break higher or remain range-bound. Gold and Silver Price Forecast
• Negative Sentiment: Gold has struggled to sustain moves above $4,100, with lackluster Western demand and expectations for restrictive U.S. interest rates limiting safe-haven buying. A stronger dollar, higher yields or a hawkish Fed tone could pressure IAU. Gold remains stuck below $4,100

iShares Gold Trust Stock Performance

IAU opened at $76.78 on Tuesday. The firm has a market cap of $63.41 billion, a P/E ratio of 5.53 and a beta of 0.18. The firm has a 50-day moving average of $79.37 and a 200 day moving average of $86.80. iShares Gold Trust has a fifty-two week low of $61.60 and a fifty-two week high of $104.40.

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).