One Wealth Advisors LLC grew its position in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 30.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 44,364 shares of the exchange traded fund’s stock after purchasing an additional 10,263 shares during the quarter. One Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $3,228,000 as of its most recent filing with the SEC.
A number of other large investors have also modified their holdings of IAU. Citigroup Inc. lifted its position in iShares Gold Trust by 809.1% in the 2nd quarter. Citigroup Inc. now owns 5,108,818 shares of the exchange traded fund’s stock valued at $318,586,000 after purchasing an additional 4,546,835 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares Gold Trust by 67.5% in the second quarter. JPMorgan Chase & Co. now owns 10,919,614 shares of the exchange traded fund’s stock valued at $680,947,000 after purchasing an additional 4,398,605 shares during the period. Prudential Financial Inc. increased its stake in shares of iShares Gold Trust by 2,152.7% in the second quarter. Prudential Financial Inc. now owns 3,494,106 shares of the exchange traded fund’s stock valued at $217,892,000 after purchasing an additional 3,339,000 shares during the period. Packer & Co Ltd bought a new stake in shares of iShares Gold Trust during the third quarter valued at approximately $156,463,000. Finally, PFG Advisors boosted its position in shares of iShares Gold Trust by 4,797.3% during the second quarter. PFG Advisors now owns 1,432,369 shares of the exchange traded fund’s stock worth $89,323,000 after buying an additional 1,403,121 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.
Key Stories Impacting iShares Gold Trust
Here are the key news stories impacting iShares Gold Trust this week:
- Positive Sentiment: Record gold rally: Spot gold surged past $5,000 (and toward $5,100), driven by geopolitical risk and safe?haven flows — a direct tailwind for gold ETFs like IAU. Gold races to $5,100 record peak on safe?haven demand
- Positive Sentiment: Central?bank and analyst support: Analysts and central?bank buying are cited as reasons for more upside in gold prices, which supports continued ETF inflows. Gold has more room to run as geopolitics, cenbank buying fuel gains, analysts say
- Positive Sentiment: Institutional accumulation: Stablecoin issuer Tether reported buying ~27 tonnes of gold in Q4, signaling larger institutional demand for physical gold exposure that benefits IAU. Tether says it bought 27 tons of gold in fourth quarter
- Positive Sentiment: Fund inflows spotlight: Public filings show Bensler LLC increased its IAU holdings by 14% this quarter, indicating active investor allocation to the ETF. Bensler LLC Grows Holdings in iShares Gold Trust $IAU
- Neutral Sentiment: Analyst price targets and miner strength: Some houses (e.g., SocGen) are projecting much higher gold targets and miners are rallying — supportive for sector sentiment but more indirect for IAU. Gold is headed to $6,000 this year and that is a ‘conservative estimate’ – SocGen
- Negative Sentiment: Volatility/correction risk: Several market pieces warn the rally is parabolic and a Fed policy meeting/market volatility could trigger sharp profit?taking or a pullback in gold/ETF flows. That raises short?term downside risk for IAU. Gold News: XAU Breakout Above $5000 Driven by Geopolitical Chaos & Weak Dollar
iShares Gold Trust Price Performance
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).
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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
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