iShares Gold Trust $IAU Stock Holdings Increased by Western Wealth Management LLC

Western Wealth Management LLC lifted its stake in iShares Gold Trust (NYSEARCA:IAU) by 14.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 44,956 shares of the exchange traded fund’s stock after purchasing an additional 5,686 shares during the quarter. Western Wealth Management LLC’s holdings in iShares Gold Trust were worth $3,649,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE increased its holdings in iShares Gold Trust by 1.5% in the third quarter. Bank of America Corp DE now owns 30,799,504 shares of the exchange traded fund’s stock worth $2,241,280,000 after buying an additional 456,140 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares Gold Trust by 47.7% in the third quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock worth $1,493,292,000 after buying an additional 6,623,876 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in iShares Gold Trust by 20.6% in the third quarter. JPMorgan Chase & Co. now owns 13,165,231 shares of the exchange traded fund’s stock worth $958,034,000 after buying an additional 2,245,617 shares during the last quarter. UBS Group AG increased its holdings in iShares Gold Trust by 6.5% in the third quarter. UBS Group AG now owns 9,148,055 shares of the exchange traded fund’s stock worth $665,704,000 after buying an additional 561,489 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in iShares Gold Trust by 2.3% in the second quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock worth $412,563,000 after buying an additional 148,881 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting iShares Gold Trust

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

• Positive Sentiment: Gold continued to attract buyers as a defensive haven, with several reports noting support around key technical levels and expectations that inflation and geopolitical tension could keep precious metals bid. Gold Rises; Defensive Appeal Remains Intact
• Positive Sentiment: Silver strength and broader precious-metals momentum may be helping sentiment for IAU, as traders watch for further upside in bullion prices amid ongoing breakout talk. Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds — Gold Defends $4,697, Silver Surges to $87 as CPI Hits Rate Cuts?
• Neutral Sentiment: Gold has been consolidating near major technical levels, suggesting IAU could be range-bound until investors get more clarity on interest rates and inflation. Gold (XAU/USD) Price Forecast: 100-Day Average Defines Next Move
• Negative Sentiment: Hot CPI and PPI readings, along with higher Treasury yields and a firmer dollar, pressured gold lower in several sessions, which could weigh on IAU if real rates keep climbing. Gold News: Gold Price Future Weakens After PPI Shock and Rising Treasury Yields
• Negative Sentiment: India’s higher tariffs on gold and silver imports could dampen physical demand, adding a potential headwind for precious-metals prices. India Raises Gold, Silver Tariffs to Curb Imports

iShares Gold Trust Stock Performance

NYSEARCA:IAU opened at $88.19 on Thursday. The stock’s 50 day moving average price is $89.62 and its 200 day moving average price is $86.56. iShares Gold Trust has a 52 week low of $59.71 and a 52 week high of $104.40. The company has a market capitalization of $75.08 billion, a P/E ratio of 5.53 and a beta of 0.16.

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).