Perigon Wealth Management LLC raised its stake in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 6.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 410,366 shares of the exchange traded fund’s stock after buying an additional 26,302 shares during the quarter. Perigon Wealth Management LLC’s holdings in iShares Gold Trust were worth $33,309,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in shares of iShares Gold Trust during the fourth quarter valued at $1,864,000. Bison Wealth LLC boosted its stake in iShares Gold Trust by 78.5% in the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after purchasing an additional 7,379 shares in the last quarter. AQR Capital Management LLC boosted its stake in iShares Gold Trust by 47.0% in the 1st quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock worth $1,588,000 after purchasing an additional 8,609 shares in the last quarter. JT Stratford LLC grew its position in iShares Gold Trust by 26.2% during the 2nd quarter. JT Stratford LLC now owns 13,337 shares of the exchange traded fund’s stock valued at $832,000 after purchasing an additional 2,767 shares during the last quarter. Finally, 1832 Asset Management L.P. increased its stake in iShares Gold Trust by 65.3% during the 2nd quarter. 1832 Asset Management L.P. now owns 1,089,365 shares of the exchange traded fund’s stock valued at $67,933,000 after purchasing an additional 430,433 shares in the last quarter. 59.67% of the stock is owned by institutional investors.
iShares Gold Trust Stock Performance
Shares of iShares Gold Trust stock opened at $87.94 on Friday. The company has a 50-day simple moving average of $93.18 and a two-hundred day simple moving average of $83.66. The stock has a market capitalization of $74.25 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52-week low of $55.78 and a 52-week high of $104.40.
Key Headlines Impacting iShares Gold Trust
- Positive Sentiment: Central banks remain net buyers of gold, which supports longer‑term bullion demand and underpins ETFs like IAU. Central banks remain net gold buyers
- Positive Sentiment: Major banks (HSBC, UBS) reiterate medium‑to‑long‑term bullish views on gold as a diversification/safe‑haven asset, providing structural support for IAU if geopolitical risks persist. HSBC bullish on gold
- Neutral Sentiment: Technical studies show short‑term support at key moving averages (10‑day / 100‑day) — a potential bounce point for gold, but resistance near the 20‑ and 50‑day MAs could limit gains. Buyers eye recovery above key moving averages
- Neutral Sentiment: Mixed technical forecasts: some analysts see a bullish recovery if key levels hold, while others warn of deeper corrections — so IAU’s near‑term direction depends on whether gold reclaims short‑term technical support. Bullish recovery eyes $5,000 zone
- Negative Sentiment: Stronger U.S. dollar (USDX) and a pickup in Treasury yields have driven gold lower today, directly pressuring IAU. Rising yields increase the opportunity cost of holding non‑yielding assets like gold. Gold down amid USDX gains and uptick in bond yields
- Negative Sentiment: Traders have taken profits after a recent rebound as markets price in a possibly prolonged Iran conflict; profit‑taking increases short‑term downside risk for gold and IAU. Gold retreats as traders prepare for a long war in Iran
- Negative Sentiment: Political comments that imply the Iran conflict may last longer triggered a pullback in precious‑metals stocks and bullion, creating immediate downward pressure on IAU. Miners slip as gold price knocked by Trump speech on Iran
iShares Gold Trust 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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