iShares Gold Trust $IAU Shares Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC grew its holdings in iShares Gold Trust (NYSEARCA:IAU) by 4.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 756,577 shares of the exchange traded fund’s stock after acquiring an additional 29,326 shares during the period. NewEdge Advisors LLC owned about 0.09% of iShares Gold Trust worth $57,129,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Citigroup Inc. lifted its position in iShares Gold Trust by 35.7% during the fourth quarter. Citigroup Inc. now owns 7,201,313 shares of the exchange traded fund’s stock valued at $584,531,000 after purchasing an additional 1,893,594 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Gold Trust by 18.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,595,990 shares of the exchange traded fund’s stock valued at $535,396,000 after buying an additional 1,019,135 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of iShares Gold Trust during the 2nd quarter valued at about $76,854,000. Orion Porfolio Solutions LLC lifted its holdings in shares of iShares Gold Trust by 503.7% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 930,318 shares of the exchange traded fund’s stock valued at $58,015,000 after buying an additional 776,215 shares during the period. Finally, VCU Investment Management Co acquired a new position in shares of iShares Gold Trust in the 4th quarter valued at about $61,835,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

Key iShares Gold Trust News

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

• Positive Sentiment: Gold’s longer-term outlook remains constructive. Société Générale said synchronized positioning across physical gold, futures, options and ETFs indicates a broad-based bull market. Synchronized build-up of gold exposure
• Positive Sentiment: China’s central bank bought 20.2 metric tonnes of gold in August, its largest monthly purchase since October 2023, providing support for official-sector demand. China central bank gold purchase
• Positive Sentiment: Goldman Sachs metals executive Anthony Kim expects the bull trend to resume and sees fresh all-time highs over the medium term. Debt-free major miners may also increase gold purchases or shareholder returns as cash builds. Gold miners and future buying
• Neutral Sentiment: Gold is consolidating near major resistance, with technical analysts identifying roughly $4,500–$4,511 as a key breakout area. U.S. CPI and PPI data could determine the next direction. Gold breakout forecast
• Neutral Sentiment: Renewed U.S.-Iran tensions and dollar weakness offer safe-haven support, but their impact is competing with interest-rate concerns. Iran risks and metals forecast
• Negative Sentiment: Rising crude oil prices and elevated Treasury yields increased expectations for a more hawkish Fed, pressuring non-yielding gold and IAU. Gold price and oil report
• Negative Sentiment: Stronger U.S. employment data revived rate-hike bets, while traders await inflation data that could reinforce higher-rate expectations. Gold falls on hawkish Fed expectations

iShares Gold Trust Stock Down 1.7%

Shares of IAU opened at $81.95 on Wednesday. The company has a market capitalization of $67.68 billion, a price-to-earnings ratio of 5.53 and a beta of 0.19. iShares Gold Trust has a 52 week low of $68.17 and a 52 week high of $104.40. The stock’s 50-day moving average price is $80.01 and its 200-day moving average price is $84.74.

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).