Evolve Private Wealth LLC Buys Shares of 260,335 iShares Gold Trust $IAU

Evolve Private Wealth LLC bought a new stake in iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 260,335 shares of the exchange traded fund’s stock, valued at approximately $21,131,000. iShares Gold Trust comprises about 1.3% of Evolve Private Wealth LLC’s holdings, making the stock its 12th largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IAU. First Manhattan CO. LLC. lifted its stake in shares of iShares Gold Trust by 48.7% during the 4th quarter. First Manhattan CO. LLC. now owns 20,966 shares of the exchange traded fund’s stock valued at $1,702,000 after buying an additional 6,866 shares in the last quarter. Claro Advisors Inc. lifted its stake in shares of iShares Gold Trust by 10.2% during the 4th quarter. Claro Advisors Inc. now owns 43,168 shares of the exchange traded fund’s stock valued at $3,504,000 after buying an additional 3,994 shares in the last quarter. Aureus Asset Management LLC purchased a new stake in shares of iShares Gold Trust during the 4th quarter valued at approximately $221,000. Brooks Moore & Associates Inc. lifted its stake in shares of iShares Gold Trust by 2.1% during the 4th quarter. Brooks Moore & Associates Inc. now owns 6,076 shares of the exchange traded fund’s stock valued at $493,000 after buying an additional 125 shares in the last quarter. Finally, Pennington Partners & CO. LLC lifted its stake in shares of iShares Gold Trust by 166.9% during the 4th quarter. Pennington Partners & CO. LLC now owns 10,062 shares of the exchange traded fund’s stock valued at $817,000 after buying an additional 6,292 shares in the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting iShares Gold Trust

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

• Positive Sentiment: Wells Fargo said gold’s bull market still has room to run, citing inflation risks and fiscal deficits as supportive of higher prices. Gold’s bull market has room to run as inflation risks, fiscal deficits support prices – Wells Fargo
• Positive Sentiment: Central banks are expected to keep increasing gold reserves, with more institutions bringing bullion home amid rising geopolitical risk. Central banks are bringing gold reserves home as geopolitical risks rise
• Positive Sentiment: World Gold Council survey data showed a record share of central banks plan to increase gold holdings, reinforcing official-sector demand. Record 45% of central banks plan to increase gold holdings, WGC survey finds
• Neutral Sentiment: Some analysts said the gold market remains in a consolidation phase, with investors waiting for clearer signals on rates, inflation, and geopolitics. Gold is still stuck in a holding pattern, but the bullish long-term case remains intact, says Tanglewood’s Bruce
• Negative Sentiment: The Fed’s hawkish tilt and talk of a possible rate hike later in 2026 pressured gold lower, which is weighing on IAU. Warsh’s focus on price stability sends gold prices lower
• Negative Sentiment: Technical forecasts turned bearish as gold reversed from resistance and remained in a downtrend with weaker momentum. Gold (XAU/USD) Price Forecast: Downtrend Holds as Resistance Strengthens

iShares Gold Trust Trading Down 2.3%

Shares of IAU stock opened at $79.64 on Thursday. The stock has a market capitalization of $67.80 billion, a P/E ratio of 5.53 and a beta of 0.15. The firm’s 50 day moving average is $85.94 and its 200 day moving average is $87.73. iShares Gold Trust has a 12 month low of $61.37 and a 12 month 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).