Sovran Advisors LLC boosted its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 50.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 71,307 shares of the exchange traded fund’s stock after buying an additional 23,785 shares during the period. Sovran Advisors LLC’s holdings in iShares Gold Trust were worth $5,404,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently bought and sold shares of IAU. Patron Partners LLC bought a new position in shares of iShares Gold Trust during the third quarter worth approximately $224,000. WealthShield Partners LLC increased its position in iShares Gold Trust by 78.3% during the 3rd quarter. WealthShield Partners LLC now owns 41,193 shares of the exchange traded fund’s stock worth $2,998,000 after buying an additional 18,085 shares during the period. EWA LLC lifted its holdings in shares of iShares Gold Trust by 39.1% during the third quarter. EWA LLC now owns 51,692 shares of the exchange traded fund’s stock worth $3,762,000 after buying an additional 14,531 shares in the last quarter. Exchange Bank boosted its position in shares of iShares Gold Trust by 5.5% in the third quarter. Exchange Bank now owns 9,269 shares of the exchange traded fund’s stock valued at $675,000 after acquiring an additional 484 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in shares of iShares Gold Trust by 21.0% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 103,465 shares of the exchange traded fund’s stock valued at $7,576,000 after acquiring an additional 17,930 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting iShares Gold Trust
Here are the key news stories impacting iShares Gold Trust this week:
- Positive Sentiment: Record gold rally fuels ETF demand — Gold extended a record run, topping $5,100 as investors and central banks sought refuge amid geopolitical risks, lifting gold‑linked ETFs like IAU. Gold races to $5,100 record peak on safe-haven demand
- Positive Sentiment: Broad market flight to safety supports flows — Multiple outlets report the gold surge is driven by geopolitical shocks and U.S. dollar weakness, factors that typically increase allocations to gold ETFs such as IAU. Gold surges past $5,000 as investors seek shelter from global risks
- Positive Sentiment: Analysts see further upside — Several analysts and reports say gold could keep climbing toward $6,000 on continued central‑bank buying and heightened geopolitical risk, implying more upside potential for IAU. Gold has more room to run as geopolitics, cenbank buying fuel gains, analysts say
- Neutral Sentiment: Miners and metal markets rally alongside gold — Strong precious‑metals moves are lifting miners and related equities, but IAU’s price action is driven by the metal itself rather than miners’ operational news. Gold surge above $5,000 helps miners continue to surge
- Neutral Sentiment: Different drivers across metals — Commentary notes gold’s rally is macro/safe‑haven driven, while other metals (e.g., copper) respond to industrial demand; this distinction matters for sector rotation but is neutral for a pure gold ETF like IAU. Gold and Copper Are Shining For Different Reasons
- Negative Sentiment: Cost competition from rival ETFs — Analysis points out lower‑cost alternatives (e.g., GLDM) could attract fee‑sensitive investors and limit future net inflows into IAU despite current price gains. Gold ETFs: GLDM Offers Lower Costs, While IAU Boasts More AUM
iShares Gold Trust Trading Up 1.3%
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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