8,177 iShares Gold Trust $IAU Shares Bought by Obermeyer Wealth Partners

Obermeyer Wealth Partners increased its holdings in iShares Gold Trust (NYSEARCA:IAU) by 161.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,256 shares of the exchange traded fund’s stock after buying an additional 8,177 shares during the period. Obermeyer Wealth Partners’ holdings in iShares Gold Trust were worth $1,035,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. BlackRock Inc. raised its holdings in iShares Gold Trust by 1.3% during the 2nd quarter. BlackRock Inc. now owns 8,732,671 shares of the exchange traded fund’s stock valued at $659,404,000 after acquiring an additional 109,246 shares during the period. Proficio Capital Partners LLC lifted its position in shares of iShares Gold Trust by 5.7% during the second quarter. Proficio Capital Partners LLC now owns 2,191,169 shares of the exchange traded fund’s stock worth $165,455,000 after acquiring an additional 118,328 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of iShares Gold Trust by 8.8% during the second quarter. Bank of New York Mellon Corp now owns 1,840,038 shares of the exchange traded fund’s stock worth $138,941,000 after acquiring an additional 149,558 shares in the last quarter. AlTi Global Inc. boosted its holdings in shares of iShares Gold Trust by 5.4% in the second quarter. AlTi Global Inc. now owns 1,651,446 shares of the exchange traded fund’s stock worth $124,701,000 after acquiring an additional 84,457 shares during the period. Finally, GM Advisory Group LLC boosted its holdings in shares of iShares Gold Trust by 2.8% in the first quarter. GM Advisory Group LLC now owns 1,569,661 shares of the exchange traded fund’s stock worth $138,381,000 after acquiring an additional 42,385 shares during the period. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

More iShares Gold Trust News

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

• Positive Sentiment: Gold gained in late U.S. trading as Treasury yields stabilized, the dollar weakened and crude oil prices eased. These developments reduce the opportunity cost of holding non-yielding gold and are supportive of IAU. Gold gains as Treasury yields stabilize, Nasdaq surges despite Fed tightening concerns – Kitco PM Report
• Positive Sentiment: Gold is testing a potential bottom as the U.S. 10-year real yield eased to 2.77%. A sustained decline in real yields could improve demand for gold and provide further support to IAU. Gold Tests a Bottom as 10-Year Real Yields Ease to 2.77%
• Positive Sentiment: Royal Mint sales indicate that demand for precious metals remains resilient despite high prices and rising bond yields, while BlackRock’s Evy Hambro cited debt, fiscal deficits, currency depreciation and geopolitical risks as longer-term supports for gold. Royal Mint sees record silver and platinum sales, renewed gold demand despite higher prices and rising bond yields
• Neutral Sentiment: Technical analysts describe gold as consolidating between important support and resistance levels, with a decisive breakout possible. This creates upside potential for IAU but also leaves the ETF vulnerable to another decline if support fails. Gold (XAU/USD) Price Forecast: Consolidation Sets Stage for Decisive Breakout
• Negative Sentiment: Markets continue to price a high probability of a December Fed rate hike. Higher rates and real yields can pressure gold by making income-producing assets more attractive, weighing on IAU. Gold and Silver Price Forecast: ETF Holdings Hit Record
• Negative Sentiment: Russia’s sale of 6.2 tonnes of gold in September reduced its bullion holdings to the lowest level since 2019, introducing a modest source of official-sector selling pressure. Russia sells 6.2 tonnes of gold in September

iShares Gold Trust Price Performance

iShares Gold Trust stock opened at $77.71 on Thursday. The firm has a market capitalization of $61.28 billion, a P/E ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a one year low of $73.74 and a one year high of $104.40. The business has a fifty day moving average price of $81.17 and a 200-day moving average price of $81.88.

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).