Envestnet Asset Management Inc. Acquires 6,623,876 Shares of iShares Gold Trust $IAU

Envestnet Asset Management Inc. lifted its stake in iShares Gold Trust (NYSEARCA:IAU) by 47.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 20,520,705 shares of the exchange traded fund’s stock after purchasing an additional 6,623,876 shares during the quarter. Envestnet Asset Management Inc. owned about 2.49% of iShares Gold Trust worth $1,493,292,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Evolution Wealth Advisors LLC grew its stake in iShares Gold Trust by 1.5% in the third quarter. Evolution Wealth Advisors LLC now owns 8,875 shares of the exchange traded fund’s stock worth $646,000 after purchasing an additional 135 shares in the last quarter. Axecap Investments LLC lifted its stake in shares of iShares Gold Trust by 1.0% during the 3rd quarter. Axecap Investments LLC now owns 14,316 shares of the exchange traded fund’s stock worth $1,042,000 after purchasing an additional 137 shares during the last quarter. Aspiriant LLC boosted its holdings in shares of iShares Gold Trust by 1.8% in the 3rd quarter. Aspiriant LLC now owns 7,854 shares of the exchange traded fund’s stock valued at $572,000 after buying an additional 138 shares in the last quarter. Sincerus Advisory LLC boosted its stake in iShares Gold Trust by 2.8% in the third quarter. Sincerus Advisory LLC now owns 5,184 shares of the exchange traded fund’s stock valued at $377,000 after acquiring an additional 143 shares in the last quarter. Finally, Regatta Capital Group LLC boosted its position in shares of iShares Gold Trust by 0.5% in the 3rd quarter. Regatta Capital Group LLC now owns 27,161 shares of the exchange traded fund’s stock worth $1,977,000 after purchasing an additional 145 shares in the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Up 6.2%

NYSEARCA IAU opened at $93.03 on Wednesday. The company has a fifty day simple moving average of $84.88 and a two-hundred day simple moving average of $75.55. iShares Gold Trust has a 12-month low of $53.44 and a 12-month high of $104.40. The stock has a market cap of $78.55 billion, a P/E ratio of 5.53 and a beta of 0.09.

Key iShares Gold Trust News

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

• Positive Sentiment: Technical rebound and bullish price action suggest the recent correction may have bottomed, supporting further gains in gold?linked funds. Gold (XAU/USD) Price Forecast: Bullish Reversal Hints at End of Correction
• Positive Sentiment: Major banks and strategists maintain multi?month bullish views (JP Morgan sees much higher gold by year?end), supporting a longer?term bullish case for IAU as a pure play on the metal. J.P. Morgan expects gold prices to reach $6,300/oz by end of 2026
• Positive Sentiment: IAU is highlighted as a lower?cost way to own physical gold relative to some peers, which can attract flows into IAU versus higher?cost alternatives. That fund?flow dynamic tends to support the ETF’s price when metal prices firm. IAU Offers Lower Cost Gold Exposure Than SIL
• Neutral Sentiment: Rising interest in tokenized gold is boosting demand narratives for the metal but brings custody and regulatory risks; this is a mixed structural development for gold exposure and ETF flows. Precious metal price fluctuations could test fast-growing gold token market
• Negative Sentiment: The earlier, historic selloff tied to macro and Fed?leadership concerns (nomination of Kevin Warsh) showed how quickly positioning can unwind, a reminder that IAU can be volatile in risk?on rate?sensitive episodes. Gold, Silver Selloff Continues. Why Trump’s Warsh Fed Pick Is Bashing Prices.
• Negative Sentiment: WSJ notes gold has edged lower on a possible technical correction after a very large one?day jump — signaling risk of short?term pullbacks even amid the rebound. Gold Edges Lower on Possible Technical Correction
• Negative Sentiment: High volatility and mixed daily headlines (sharp one?day moves, heavy positioning) mean short?term trading risk remains elevated for IAU even if the medium?term trend is bullish. Gold, Silver Bounce Back After Sharp Selloff

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).