Sovran Advisors LLC raised its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 50.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 71,307 shares of the exchange traded fund’s stock after acquiring an additional 23,785 shares during the period. Sovran Advisors LLC’s holdings in iShares Gold Trust were worth $5,404,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently modified their holdings of IAU. MTM Investment Management LLC bought a new position in iShares Gold Trust in the second quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. acquired a new stake in shares of iShares Gold Trust in the third quarter valued at approximately $29,000. Keener Financial Planning LLC bought a new stake in shares of iShares Gold Trust in the second quarter worth $25,000. Private Wealth Management Group LLC boosted its holdings in iShares Gold Trust by 290.9% during the second quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 320 shares during the last quarter. Finally, Key Financial Inc bought a new position in iShares Gold Trust in the second quarter valued at $28,000. Institutional investors and hedge funds own 59.67% of the company’s stock.
Key Headlines Impacting iShares Gold Trust
Here are the key news stories impacting iShares Gold Trust this week:
- Positive Sentiment: Record gold rally fuels ETF demand — Gold extended a record run, topping $5,100 as investors and central banks sought refuge amid geopolitical risks, lifting gold‑linked ETFs like IAU. Gold races to $5,100 record peak on safe-haven demand
- Positive Sentiment: Broad market flight to safety supports flows — Multiple outlets report the gold surge is driven by geopolitical shocks and U.S. dollar weakness, factors that typically increase allocations to gold ETFs such as IAU. Gold surges past $5,000 as investors seek shelter from global risks
- Positive Sentiment: Analysts see further upside — Several analysts and reports say gold could keep climbing toward $6,000 on continued central‑bank buying and heightened geopolitical risk, implying more upside potential for IAU. Gold has more room to run as geopolitics, cenbank buying fuel gains, analysts say
- Neutral Sentiment: Miners and metal markets rally alongside gold — Strong precious‑metals moves are lifting miners and related equities, but IAU’s price action is driven by the metal itself rather than miners’ operational news. Gold surge above $5,000 helps miners continue to surge
- Neutral Sentiment: Different drivers across metals — Commentary notes gold’s rally is macro/safe‑haven driven, while other metals (e.g., copper) respond to industrial demand; this distinction matters for sector rotation but is neutral for a pure gold ETF like IAU. Gold and Copper Are Shining For Different Reasons
- Negative Sentiment: Cost competition from rival ETFs — Analysis points out lower‑cost alternatives (e.g., GLDM) could attract fee‑sensitive investors and limit future net inflows into IAU despite current price gains. Gold ETFs: GLDM Offers Lower Costs, While IAU Boasts More AUM
iShares Gold Trust Price Performance
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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