Chandler Asset Management Inc. Increases Stake in iShares Gold Trust $IAU

Chandler Asset Management Inc. increased its stake in iShares Gold Trust (NYSEARCA:IAUFree Report) by 12.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,575 shares of the exchange traded fund’s stock after buying an additional 13,375 shares during the period. iShares Gold Trust accounts for 1.3% of Chandler Asset Management Inc.’s portfolio, making the stock its 13th largest position. Chandler Asset Management Inc.’s holdings in iShares Gold Trust were worth $9,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Sagace Wealth Management LLC grew its holdings in shares of iShares Gold Trust by 7.3% during the 2nd quarter. Sagace Wealth Management LLC now owns 36,441 shares of the exchange traded fund’s stock worth $2,752,000 after acquiring an additional 2,480 shares during the period. Harborfront Financial Group LLC purchased a new position in shares of iShares Gold Trust in the 2nd quarter valued at approximately $28,000. Citizens Financial Group Inc. RI lifted its stake in shares of iShares Gold Trust by 5.2% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 82,450 shares of the exchange traded fund’s stock valued at $6,226,000 after purchasing an additional 4,080 shares during the period. Banco BTG Pactual S.A. boosted its position in shares of iShares Gold Trust by 0.7% during the second quarter. Banco BTG Pactual S.A. now owns 31,440 shares of the exchange traded fund’s stock valued at $2,374,000 after purchasing an additional 220 shares in the last quarter. Finally, Quent Capital LLC grew its stake in iShares Gold Trust by 0.7% in the second quarter. Quent Capital LLC now owns 355,443 shares of the exchange traded fund’s stock worth $26,840,000 after purchasing an additional 2,374 shares during the period. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Down 1.7%

IAU opened at $81.71 on Wednesday. The stock has a fifty day simple moving average of $78.04 and a two-hundred day simple moving average of $85.69. The company has a market cap of $67.48 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a 12-month low of $62.48 and a 12-month high of $104.40.

Key Stories Impacting iShares Gold Trust

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

  • Positive Sentiment: Wells Fargo maintained a bullish precious-metals outlook and reiterated a $4,900 gold target for 2026, citing reduced expectations for Federal Reserve rate hikes, continued Asian investment and central-bank buying. Wells Fargo reiterates positive outlook for precious metals
  • Positive Sentiment: The World Gold Council said gold’s distinctive supply-demand characteristics, portfolio-diversification benefits and resilience across market environments support treating the metal as a strategic allocation. Gold performs like nothing else in the commodity complex
  • Positive Sentiment: Easing Fed-rate expectations, a softer dollar and geopolitical tensions involving Iran continue to provide support for gold’s safe-haven appeal. Gold and silver forecast ahead of Fed minutes
  • Neutral Sentiment: Technical analysts see gold consolidating after its pullback. Holding support near $4,311 could preserve the possibility of a breakout toward higher resistance, but failure to hold that level would signal additional downside risk. Gold price forecast and 200-day moving average
  • Negative Sentiment: Rising long-term Treasury yields, elevated oil prices and renewed inflation concerns have outweighed lower expectations for a September rate hike, reducing the appeal of non-yielding gold. Gold also pulled back after failing to decisively clear $4,500. Gold pulls back as oil remains above $90
  • Negative Sentiment: Weak U.S. housing data did not lift gold because markets remained focused on higher yields and the broader bond-market sell-off. These conditions are weighing on IAU in the short term. Gold retreats amid global bond-market sell-off

iShares Gold Trust Company Profile

(Free Report)

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).

Further Reading

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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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