Whittier Trust Co. of Nevada Inc. lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 18.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 122,605 shares of the exchange traded fund’s stock after purchasing an additional 19,140 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in iShares Gold Trust were worth $10,375,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. AE Wealth Management LLC raised its stake in iShares Gold Trust by 6.1% in the 4th quarter. AE Wealth Management LLC now owns 77,191 shares of the exchange traded fund’s stock worth $6,266,000 after acquiring an additional 4,414 shares during the last quarter. Whittier Trust Co. lifted its position in iShares Gold Trust by 0.4% during the 4th quarter. Whittier Trust Co. now owns 64,554 shares of the exchange traded fund’s stock worth $5,463,000 after acquiring an additional 268 shares during the period. J.M. Arbour LLC purchased a new stake in iShares Gold Trust during the 4th quarter valued at about $1,175,000. West Wealth Group LLC grew its stake in iShares Gold Trust by 8.7% during the 4th quarter. West Wealth Group LLC now owns 75,614 shares of the exchange traded fund’s stock valued at $6,138,000 after purchasing an additional 6,045 shares during the last quarter. Finally, Key Capital Management INC acquired a new position in shares of iShares Gold Trust in the fourth quarter valued at about $32,000. 59.67% of the stock is owned by hedge funds and other institutional investors.
iShares Gold Trust Stock Down 0.1%
Shares of NYSEARCA:IAU opened at $90.16 on Friday. iShares Gold Trust has a 52-week low of $59.71 and a 52-week high of $104.40. The stock has a market cap of $76.76 billion, a price-to-earnings ratio of 5.53 and a beta of 0.20. The business has a 50-day moving average price of $92.15 and a 200-day moving average price of $85.01.
Key iShares Gold Trust News
- Positive Sentiment: U.S.–Iran diplomacy hopes reduced demand for the dollar as a haven, which supported gold prices and provided upside interest for gold-backed products like IAU. Gold Edges Higher on Hopes for U.S.-Iran Deal
- Positive Sentiment: Separately, reports noting dollar weakness tied to diplomacy and risk-on flows offered intermittent support to gold, cushioning downside pressure. Losses by the Dollar as Focus on Diplomacy Continues
- Neutral Sentiment: Technical and range‑bound commentary: analysts say gold remains in a trading range and needs a decisive breakout (above the 50‑day MA) to confirm further upside; until then, IAU may track choppy price action. Gold and Silver Price Analysis: Will a Breakout End the Current Range?
- Neutral Sentiment: Intraday/technical pieces note modest, consolidative trading and technical buying; these suggest short‑term range trading rather than a clear trend for IAU. Gold up a bit, silver weaker in quieter, consolidative trade
- Negative Sentiment: Odds of an imminent Fed rate cut fell (to ~27%), and commentary that the Fed remains on hold lifted the dollar and raised opportunity cost for holding gold, weighing on IAU. Gold News: Gold Rally Loses Steam as Rate Cut Odds Fall to 27%
- Negative Sentiment: Stronger regional economic readings (e.g., Philly Fed jump) and higher Treasury yields have weakened gold’s safe‑haven appeal and contributed to profit‑taking, pressuring gold-linked ETFs. Gold’s safe-haven appeal weakening as Philly Fed Survey jumps in April
- Negative Sentiment: Analysts flag profit‑taking as yields tick up, a short‑term headwind for gold that can produce downside for IAU until macro drivers stabilize. Gold Pulls Back Amid Profit-Taking
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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