Nwam LLC Purchases 9,895 Shares of iShares Gold Trust $IAU

Nwam LLC boosted its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 65.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,904 shares of the exchange traded fund’s stock after acquiring an additional 9,895 shares during the period. Nwam LLC’s holdings in iShares Gold Trust were worth $1,880,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Wills Financial Group LLC increased its position in shares of iShares Gold Trust by 9.8% during the 4th quarter. Wills Financial Group LLC now owns 147,134 shares of the exchange traded fund’s stock valued at $11,943,000 after purchasing an additional 13,093 shares during the last quarter. Wealth Care LLC bought a new stake in iShares Gold Trust in the 1st quarter worth approximately $9,270,000. Greykasell Wealth Strategies Inc. boosted its stake in iShares Gold Trust by 1,107.5% in the fourth quarter. Greykasell Wealth Strategies Inc. now owns 10,240 shares of the exchange traded fund’s stock worth $831,000 after buying an additional 9,392 shares in the last quarter. Acorn Financial Advisory Services Inc. ADV grew its position in iShares Gold Trust by 3.1% during the first quarter. Acorn Financial Advisory Services Inc. ADV now owns 483,758 shares of the exchange traded fund’s stock valued at $42,648,000 after acquiring an additional 14,344 shares during the last quarter. Finally, Outlook Wealth Advisors LLC grew its position in iShares Gold Trust by 48.7% during the fourth quarter. Outlook Wealth Advisors LLC now owns 24,046 shares of the exchange traded fund’s stock valued at $1,952,000 after acquiring an additional 7,876 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

More iShares Gold Trust News

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

• Positive Sentiment: Longer term, Saxo Bank and other analysts continue to see support for gold from commodity-driven inflation, expanding money supply and elevated government debt. These factors could sustain demand for IAU if inflation concerns intensify. Long-term gold price remains supported by commodity-led inflation – Saxo Bank’s Hansen
• Positive Sentiment: Unusually heavy call-option activity in IAU, with 10,933 calls purchased versus average volume of 7,737, suggests some traders are positioning for a rebound. This is a sentiment indicator rather than a change in the trust’s underlying holdings.
• Neutral Sentiment: Renewed U.S.-Iran and Gulf-region tensions provide safe-haven support for gold, but the resulting oil-price surge is also lifting inflation expectations, bond yields and rate-hike odds. The competing forces are limiting gold’s defensive appeal. Gold and Silver Price Forecast: Hawkish Fed Meets Iran Risk as Jobs Data Looms
• Negative Sentiment: Markets are assigning roughly a two-thirds probability to a September Fed hike after a hawkish policy repricing. Higher yields and a stronger dollar increase the opportunity cost of holding gold and are the main reasons IAU has decreased. Gold tests $4,311 support as Fed-hike odds hold near 66% – Kitco PM Report
• Negative Sentiment: Gold has fallen through its 20-day and 100-day moving averages and is testing support near $4,311-$4,350. The World Gold Council warned that weakening short-term momentum could expose gold to a pullback toward $4,215, increasing downside risk for IAU. Gold price at risk of pullback to $4,215/oz as short-term momentum fades
• Negative Sentiment: Reports also point to reversing gold-ETF inflows and profit-taking following the metal’s strong summer rally, suggesting near-term investor demand has weakened. Gold ETF Inflows Reverse Course as Warsh’s Hawkish Speech Crushes GLDM’s Summer Rally

iShares Gold Trust Stock Performance

IAU stock opened at $81.35 on Wednesday. The company has a market capitalization of $67.19 billion, a PE ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a one year low of $65.56 and a one year high of $104.40. The company’s 50 day moving average price is $79.27 and its two-hundred day moving average price is $85.11.

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).