Cambridge Associates LLC MA ADV lowered its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 1.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 740,591 shares of the exchange traded fund’s stock after selling 10,214 shares during the period. iShares Gold Trust makes up 1.0% of Cambridge Associates LLC MA ADV’s investment portfolio, making the stock its 14th largest position. Cambridge Associates LLC MA ADV’s holdings in iShares Gold Trust were worth $65,291,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares Gold Trust in the 1st quarter valued at $26,000. Fairway Wealth LLC lifted its position in iShares Gold Trust by 525.0% during the 1st quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 252 shares during the period. Godfrey Financial Associates Inc. acquired a new stake in iShares Gold Trust during the 4th quarter worth about $25,000. Rossby Financial LCC grew its stake in iShares Gold Trust by 75.7% during the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 140 shares during the last quarter. Finally, Monetary Solutions Ltd purchased a new stake in iShares Gold Trust during the 4th quarter valued at about $26,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.
iShares Gold Trust Stock Performance
Shares of IAU stock opened at $77.69 on Thursday. iShares Gold Trust has a fifty-two week low of $61.60 and a fifty-two week high of $104.40. The firm has a market capitalization of $64.16 billion, a PE ratio of 5.53 and a beta of 0.18. The stock’s 50-day simple moving average is $79.97 and its 200-day simple moving average is $86.94.
Key iShares Gold Trust News
- Positive Sentiment: Spot gold rose toward the $4,160 area, helped by technical buying, defensive demand, and renewed interest from traders despite firmer Treasury yields and higher crude prices. Gold rallies as buyers test $4,160, oil lifts yields – Kitco PM Report
- Positive Sentiment: Gold broke above key technical resistance, and analysts say a move above the $4,203 area could confirm a broader bullish trend, which may keep momentum supportive for IAU. Gold (XAU/USD) Price Forecast: Breakout Opens the Door to Higher Targets
- Positive Sentiment: John Paulson said gold is in the early stages of a long-term bull market, citing broadening demand from central banks and private investors, reinforcing the long-term bullish case for bullion. John Paulson says we are in the early stages of a long-term bull market for gold
- Positive Sentiment: Several market outlooks said gold and other precious metals are gaining as traders stay bullish, with central-bank buying, geopolitical risk, and safe-haven demand underpinning prices. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests New Highs As Rebound Continues
- Neutral Sentiment: Commentary from Steve Forbes framed gold as protection against currency debasement and inflation risks, but it did not add a fresh catalyst beyond the existing safe-haven narrative. Gold is ‘insurance’ against currency crisis, inflation overreaction, dollar devaluation – Steve Forbes
- Neutral Sentiment: Some analysts warned that rising rates and oil-driven inflation concerns could still pressure gold in the near term, creating a mixed macro backdrop for IAU. Rising economic fears weakening inflation’s stranglehold on gold prices – CRU
- Negative Sentiment: Gold still faces a technical hurdle near $4,200 and its 50-day average, so a failure to break through could limit further upside in the ETF. Gold Price Analysis – Gold Rallies Near $4,200 Resistance Despite Rising Rates
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).
Featured Articles
- Five stocks we like better than iShares Gold Trust
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
Receive News & Ratings for iShares Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.
