Hoxton Planning & Management LLC boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 61.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,422 shares of the exchange traded fund’s stock after acquiring an additional 8,959 shares during the quarter. Hoxton Planning & Management LLC’s holdings in iShares Gold Trust were worth $1,704,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also bought and sold shares of IAU. JPMorgan Chase & Co. grew its holdings in shares of iShares Gold Trust by 67.5% in the second quarter. JPMorgan Chase & Co. now owns 10,919,614 shares of the exchange traded fund’s stock worth $680,947,000 after purchasing an additional 4,398,605 shares during the last quarter. WealthNavi Inc. grew its holdings in iShares Gold Trust by 8.5% in the 3rd quarter. WealthNavi Inc. now owns 7,130,543 shares of the exchange traded fund’s stock worth $518,890,000 after acquiring an additional 559,413 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of 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 valued at $412,563,000 after acquiring an additional 148,881 shares during the period. Truist Financial Corp increased its position in shares of iShares Gold Trust by 14.4% in the second quarter. Truist Financial Corp now owns 5,490,435 shares of the exchange traded fund’s stock valued at $342,384,000 after acquiring an additional 692,844 shares during the period. Finally, Citigroup Inc. raised its stake in shares of iShares Gold Trust by 809.1% during the second quarter. Citigroup Inc. now owns 5,108,818 shares of the exchange traded fund’s stock valued at $318,586,000 after acquiring an additional 4,546,835 shares during the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.
iShares Gold Trust Trading Down 0.2%
iShares Gold Trust stock opened at $86.36 on Wednesday. The firm has a market cap of $72.52 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 1-year low of $50.21 and a 1-year high of $87.38. The firm has a 50-day moving average of $80.34 and a 200-day moving average of $72.47.
More iShares Gold Trust News
- Positive Sentiment: Softening U.S. CPI and rising hopes for rate cuts are supporting gold’s safe-haven bid, which typically boosts demand for IAU. Gold (XAUUSD) & Silver Price Forecast: CPI Cools, Bulls Hold Key Resistance Zones
- Positive Sentiment: Geopolitical tensions and risk aversion are keeping gold bids elevated and driving momentum toward new highs — a bullish backdrop for IAU. Gold (XAUUSD) and Silver Surge as Inflation Cools and Geopolitical Risks Rise
- Positive Sentiment: Asian trade showed gold edging higher on safe-haven flows; continued tension-driven demand helps underpin IAU’s NAV. Gold Edges Higher, Supported by Ongoing Geopolitical Tensions
- Positive Sentiment: Technical breakouts and record-high signals point to continued upside potential for gold prices, which supports IAU flows. Gold (XAU/USD) Price Forecast: Record High Breakout Signals Continued Strength
- Positive Sentiment: Some sell-side forecasts remain strongly bullish (Citigroup sees very large targets for gold and silver), reinforcing speculative interest in bullion ETFs like IAU. Gold will hit $5,000/oz, silver $100/oz by March, but gold will be vulnerable to correction afterward – Citigroup
- Neutral Sentiment: Mine-level updates (Caledonia, G Mining) show steady production, which is supportive for the broader gold complex but only indirectly affects IAU. Caledonia says Blanket gold mine has again delivered production in line with guidance
- Neutral Sentiment: Explorer and producer news (Pinnacle, EQTEC expansion into metals) are company-specific and have limited direct impact on a bullion ETF like IAU. Pinnacle Silver and Gold reports progress at El Potrero project in Durango, Mexico
- Negative Sentiment: Technical corrections and profit-taking have caused intraday pullbacks in gold at times, which can weigh on IAU despite the bullish macro picture. Gold Edges Lower on Likely Technical Correction
- Negative Sentiment: Short-term dollar strength or hawkish surprises (and CPI/dollar volatility ahead of prints) can trigger pullbacks in gold and pressure IAU. Gold (XAUUSD) & Silver Price Forecast: Gold Slips Ahead of CPI, Silver Stays Bullish
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).
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