Shrier Wealth Management LLC purchased a new position in iShares Gold Trust (NYSEARCA:IAU – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 55,025 shares of the exchange traded fund’s stock, valued at approximately $4,466,000. iShares Gold Trust accounts for approximately 1.8% of Shrier Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC purchased a new position in iShares Gold Trust during the fourth quarter valued at approximately $1,864,000. Bison Wealth LLC lifted its holdings in iShares Gold Trust by 78.5% during the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after buying an additional 7,379 shares during the period. AQR Capital Management LLC lifted its holdings in iShares Gold Trust by 47.0% during the first quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock worth $1,588,000 after buying an additional 8,609 shares during the period. M&T Bank Corp boosted its position in iShares Gold Trust by 4.2% during the 2nd quarter. M&T Bank Corp now owns 300,016 shares of the exchange traded fund’s stock valued at $18,709,000 after acquiring an additional 12,144 shares in the last quarter. Finally, Elios Financial Group Inc. bought a new stake in iShares Gold Trust during the 2nd quarter valued at $219,000. 59.67% of the stock is currently owned by institutional investors.
iShares Gold Trust Trading Up 3.8%
IAU opened at $88.16 on Wednesday. The firm has a market cap of $74.44 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 12 month low of $55.78 and a 12 month high of $104.40. The stock has a fifty day moving average price of $93.30 and a 200-day moving average price of $83.59.
Key iShares Gold Trust News
- Positive Sentiment: Technical breakout momentum — gold is testing key moving averages and Fibonacci targets; traders note an ABCD pattern and a reclaim of short-term MAs that could fuel further upside if momentum holds. Gold (XAU/USD) Price Forecast: Breakout Targets Key Fibonacci and MA Levels
- Positive Sentiment: Geopolitics and oil moves supporting safe-haven flows — headlines around Iran (including comments about a potential end to hostilities) and retreating oil pushed precious metals higher as traders rotated back into gold. Safe-haven demand and oil-driven inflation expectations have both been cited as near-term supports. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rallies As Iran President Says He Is Ready To End The War
- Positive Sentiment: Spot price and domestic data context — spot gold has pushed back above the $4,600/oz area amid intra-day safe-haven buying; U.S. data (JOLTS drop / consumer confidence moves) has produced mixed but supportive intraday flows into gold. Traders cite these moves as drivers of ETF flows into IAU. Spot gold trades above $4,600/oz after U.S. Consumer Confidence rises
- Positive Sentiment: iShares leadership change — BlackRock announced new leadership/CEO for the iShares Gold Trust (IAU/IAUM), a governance update that can be viewed positively by investors as it clarifies stewardship of the fund. iShares Gold Trust Announces New Leadership and CEO
- Neutral Sentiment: Technical/resistance watch — analysts note critical resistance near $4,606; whether today’s strength is a sustainable breakout or a short-lived move remains an open question for short-term traders. Gold (XAUUSD) & Silver Price Forecast: XAU Hits $4,606 Resistance – Breakout or Fakeout?
- Negative Sentiment: Broader downtrend risk — some strategists warn that higher yields, a stronger dollar and central-bank selling could keep a lid on gold, arguing the outlook is still fragile and downside risk remains if rate-cut expectations fade. Gold News: Gold Price Outlook Weak as Rates, Dollar, Oil Stay Elevated
- Negative Sentiment: Monthly performance pressure — coverage notes gold is on track for its worst month since 2008, signaling heavy selling pressure that could reverse short-term gains if risk sentiment stabilizes. Gold on track for worst month since 2008 as Iran war enters its fifth week
- Negative Sentiment: Market micro/liquidity note — Reuters reports some firms trimming precious-metals desks (example: Tether cuts recently hired gold traders), a small sign that liquidity/flow dynamics in parts of the market are shifting. Tether cuts two gold traders hired three months ago, source says
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).
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