iShares Gold Trust $IAU Shares Purchased by Tsfg LLC

Tsfg LLC increased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 11.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 166,259 shares of the exchange traded fund’s stock after buying an additional 16,453 shares during the period. iShares Gold Trust comprises approximately 2.0% of Tsfg LLC’s holdings, making the stock its 13th biggest position. Tsfg LLC’s holdings in iShares Gold Trust were worth $13,495,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the business. Bank of America Corp DE grew its position in shares of iShares Gold Trust by 1.5% during the 3rd quarter. Bank of America Corp DE now owns 30,799,504 shares of the exchange traded fund’s stock valued at $2,241,280,000 after acquiring an additional 456,140 shares during the period. Envestnet Asset Management Inc. grew its position in shares of iShares Gold Trust by 47.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock valued at $1,493,292,000 after acquiring an additional 6,623,876 shares during the period. JPMorgan Chase & Co. grew its position in shares of iShares Gold Trust by 20.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,165,231 shares of the exchange traded fund’s stock valued at $958,034,000 after acquiring an additional 2,245,617 shares during the period. UBS Group AG grew its position in shares of iShares Gold Trust by 6.5% during the 3rd quarter. UBS Group AG now owns 9,148,055 shares of the exchange traded fund’s stock valued at $665,704,000 after acquiring an additional 561,489 shares during the period. Finally, Ameriprise Financial Inc. grew its position in shares of iShares Gold Trust by 2.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock valued at $412,563,000 after acquiring an additional 148,881 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Up 0.2%

NYSEARCA:IAU opened at $89.06 on Tuesday. iShares Gold Trust has a 52 week low of $59.71 and a 52 week high of $104.40. The stock has a market capitalization of $75.82 billion, a PE ratio of 5.53 and a beta of 0.16. The stock’s 50-day moving average price is $90.07 and its 200-day moving average price is $86.40.

More iShares Gold Trust News

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

• Positive Sentiment: Gold ETF inflows are still coming in despite inflation and geopolitical uncertainty, a sign that investors are adding exposure to the metal. Global gold ETFs see fresh inflows despite rising inflation risks
• Positive Sentiment: U.S. gold exports surged as vaults in New York and New Jersey were drained to meet strong demand from China, highlighting tight physical market conditions. U.S. gold exports surge 285% as Wall Street drains vaults to feed China’s generational gold rush
• Positive Sentiment: Reports say gold is holding near elevated levels even after short-term pullbacks, with traders watching support around the $4,665-$4,700 area. Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds — Gold Tests $4,700 Support, Silver Hits $84.10 — Next Break?
• Neutral Sentiment: Some articles note gold is consolidating or pulling back on position adjustments, easing geopolitical risk, and rising yields, which could cap upside in the near term. Gold Rises on Possible Position Adjustments
• Negative Sentiment: One report says gold is under pressure from renewed inflation concerns tied to higher crude prices, which can create volatility and temporary weakness. Gold Falls on Renewed Inflation Concerns
• Negative Sentiment: India’s call to stop buying gold for a year could weigh on jewelry demand, an important consumer-use segment for the metal. Stop Buying Gold, India’s Modi Says. The Price Is Falling.

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).