MGO One Seven LLC boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 21.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 347,935 shares of the exchange traded fund’s stock after purchasing an additional 61,597 shares during the period. iShares Gold Trust makes up about 0.6% of MGO One Seven LLC’s portfolio, making the stock its 26th biggest position. MGO One Seven LLC’s holdings in iShares Gold Trust were worth $28,242,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also bought and sold shares of the stock. Cassaday & Co Wealth Management LLC grew its holdings in shares of iShares Gold Trust by 14.5% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 5,930 shares of the exchange traded fund’s stock valued at $481,000 after buying an additional 752 shares during the last quarter. Crestwood Advisors Group LLC raised its stake in iShares Gold Trust by 2.9% in the 4th quarter. Crestwood Advisors Group LLC now owns 8,979 shares of the exchange traded fund’s stock worth $729,000 after acquiring an additional 250 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in iShares Gold Trust by 5.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 81,290 shares of the exchange traded fund’s stock worth $6,598,000 after acquiring an additional 4,409 shares during the period. WealthShield Partners LLC lifted its position in iShares Gold Trust by 3.7% during the 4th quarter. WealthShield Partners LLC now owns 42,705 shares of the exchange traded fund’s stock worth $3,466,000 after acquiring an additional 1,512 shares during the period. Finally, Patton Albertson Miller Group LLC purchased a new stake in iShares Gold Trust during the 4th quarter valued at about $2,691,000. Institutional investors and hedge funds 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: Geopolitical risk from renewed U.S.–Iran tensions is lifting safe?haven flows into gold, a direct tailwind for IAU. Gold Rises on Signs of Ongoing U.S.-Iran Tensions
- Positive Sentiment: Lower U.S. Treasury yields have supported bullion as a non?yielding asset, helping underpin gold ETF flows and prices that benefit IAU. Gold Prices Steady, Supported by Lower U.S. Treasury Yields
- Positive Sentiment: Media coverage highlights IAU’s strong recent performance (roughly a 42% 12?month return), prompting allocators to reconsider gold allocations — a potential source of continued inflows. IAU Returned 42% in a Year of Sticky Inflation. Here’s Why Allocators Are Reconsidering Gold
- Positive Sentiment: Major bank commentary projecting higher long?term gold targets (e.g., Morgan Stanley forecasts material upside) supports investor conviction in bullion exposure. Morgan Stanley sees gold prices climbing to $5,200 despite geopolitical volatility
- Neutral Sentiment: Comparisons between IAU and GLD (notably a 0.15% fee difference) are driving debate over which ETF suits different investors; fee-sensitive flows could tilt marginal demand but won’t change bullion fundamentals. iShares Gold Trust vs SPDR Gold Trust: The 0.15% Fee Gap That Matters More Than You Think
- Neutral Sentiment: Technical and market?structure pieces show continued buying interest but also note key moving averages and payroll/data events that traders are watching for direction. Gold News: Gold Rally Fades as Oil Rebounds and Treasury Yields Turn Higher
- Neutral Sentiment: Silver’s recent outperformance and broader metals volatility can feed both momentum into precious?metals ETFs and cross?metal reallocations; impact on IAU is secondary. Silver outperforms gold to test $80 as US-Iran talks drive metals volatility – Kitco PM Report
- Negative Sentiment: Short?term pressure can come from rebounds in oil and rising Treasury yields, which have previously caused gold rallies to fade and could weigh on IAU if rates move higher. Gold News: Gold Rally Fades as Oil Rebounds and Treasury Yields Turn Higher
iShares Gold Trust Stock Performance
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).
Further Reading
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