MBA Advisors LLC boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 8.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,576 shares of the exchange traded fund’s stock after acquiring an additional 9,846 shares during the quarter. iShares Gold Trust accounts for 3.2% of MBA Advisors LLC’s portfolio, making the stock its 10th largest position. MBA Advisors LLC’s holdings in iShares Gold Trust were worth $9,935,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently modified their holdings of IAU. LPL Financial LLC increased its holdings in iShares Gold Trust by 1.5% during the 4th quarter. LPL Financial LLC now owns 13,742,286 shares of the exchange traded fund’s stock valued at $1,115,461,000 after purchasing an additional 203,528 shares in the last quarter. Wells Fargo & Company MN raised its holdings in iShares Gold Trust by 2.0% during the 4th quarter. Wells Fargo & Company MN now owns 13,136,955 shares of the exchange traded fund’s stock worth $1,066,327,000 after purchasing an additional 260,541 shares during the last quarter. BlackRock Inc. raised its stake in shares of iShares Gold Trust by 1.3% during the second quarter. BlackRock Inc. now owns 8,732,671 shares of the exchange traded fund’s stock worth $659,404,000 after buying an additional 109,246 shares during the last quarter. Citigroup Inc. raised its position in shares of iShares Gold Trust by 35.7% during the 4th quarter. Citigroup Inc. now owns 7,201,313 shares of the exchange traded fund’s stock valued at $584,531,000 after acquiring an additional 1,893,594 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of iShares Gold Trust by 2.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock valued at $412,563,000 after purchasing an additional 148,881 shares during the period. 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: Gold rebounded after buyers defended support near $4,283, with analysts identifying a potential move toward $4,472 and the 200-day moving average. This recovery supports IAU, which is designed to track the price of gold bullion. Gold Price Reverses From $4,283 as Buyers Reclaim Support
- Positive Sentiment: Goldman Sachs projected gold could reach $4,900 per ounce by year-end, citing continued central-bank purchases and reserve diversification. Demand for gold derivatives could also amplify price moves, although it may increase volatility. Goldman Sachs gold forecast
- Positive Sentiment: RBC said gold could approach $5,000 in 2026 and $5,300 in 2027 as geopolitical uncertainty, de-dollarization and concerns about currency debasement support safe-haven demand. RBC gold forecast
- Positive Sentiment: Schroders turned bullish on gold after previously taking profits, pointing to debt, inflation and currency risks that could outweigh the negative effect of elevated real yields. Schroders turns bullish on gold
- Neutral Sentiment: The Dutch central bank moved 86 tonnes of gold from New York and Ottawa to London to improve reserve liquidity amid economic and geopolitical uncertainty. The move reinforces institutional attention to gold but does not directly change IAU’s holdings. Dutch central bank moves gold
- Negative Sentiment: U.S. Treasury yields near 4.8%, a stronger dollar and rising September rate-hike expectations continue to pressure gold, a non-yielding asset. Higher yields could limit IAU’s near-term upside. Gold price forecast as yields rise
iShares Gold Trust Stock Up 1.5%
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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