iShares Gold Trust $IAU Shares Bought by Money Concepts Capital Corp

Money Concepts Capital Corp grew its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 320.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,347 shares of the exchange traded fund’s stock after acquiring an additional 15,508 shares during the quarter. Money Concepts Capital Corp’s holdings in iShares Gold Trust were worth $1,652,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares Gold Trust in the third quarter valued at about $25,000. Mountain Hill Investment Partners Corp. acquired a new stake in shares of iShares Gold Trust in the third quarter valued at about $29,000. Dakota Community Bank & Trust NA acquired a new stake in shares of iShares Gold Trust in the fourth quarter valued at about $30,000. Fourth Dimension Wealth LLC grew its stake in shares of iShares Gold Trust by 436.3% in the third quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 349 shares in the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares Gold Trust in the third quarter valued at about $31,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

IAU stock opened at $88.71 on Wednesday. iShares Gold Trust has a 1 year low of $59.71 and a 1 year high of $104.40. The firm has a market cap of $75.52 billion, a P/E ratio of 5.53 and a beta of 0.16. The stock has a 50-day simple moving average of $89.86 and a 200-day simple moving average of $86.49.

Trending Headlines about iShares Gold Trust

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

• Positive Sentiment: Several analysts remain constructive on gold over the medium term, with forecasts calling for higher prices later this year as debt concerns, central bank demand, and ongoing ETF inflows support the metal. Gold will navigate near-term headwinds to reach $5,000/oz by year-end – ING’s Manthey
• Positive Sentiment: Gold bull commentary and reports of fresh global gold ETF inflows suggest continued investor demand for the metal despite inflation-driven volatility. Global gold ETFs see fresh inflows despite rising inflation risks
• Neutral Sentiment: Gold is hovering around a key technical resistance zone, leaving traders focused on whether it breaks higher or slips back toward support. Gold (XAU/USD) Price Forecast: Resistance Zone Tests Market Direction
• Negative Sentiment: Hot CPI data strengthened the dollar and yields, weighing on gold prices and reducing near-term appeal for IAU. Gold News: Gold Price Retreats as Hot CPI Strengthens Dollar and Yields
• Negative Sentiment: Rising Treasury yields and a stronger dollar continued to pressure precious metals, keeping gold under short-term downside pressure. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Traders Bet On Hawkish Fed

iShares Gold Trust 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).