Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 18.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,595,990 shares of the exchange traded fund’s stock after purchasing an additional 1,019,135 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.78% of iShares Gold Trust worth $535,396,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in iShares Gold Trust by 1.5% during the 3rd quarter. Bank of America Corp DE now owns 30,799,504 shares of the exchange traded fund’s stock worth $2,241,280,000 after acquiring an additional 456,140 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares Gold Trust by 47.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock worth $1,493,292,000 after acquiring an additional 6,623,876 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Gold Trust by 20.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,165,231 shares of the exchange traded fund’s stock worth $958,034,000 after acquiring an additional 2,245,617 shares in the last quarter. UBS Group AG grew its holdings in iShares Gold Trust by 6.5% during the 3rd quarter. UBS Group AG now owns 9,148,055 shares of the exchange traded fund’s stock worth $665,704,000 after acquiring an additional 561,489 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in iShares Gold Trust by 2.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock worth $412,563,000 after acquiring an additional 148,881 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.
Key Stories Impacting iShares Gold Trust
Here are the key news stories impacting iShares Gold Trust this week:
- Positive Sentiment: Gold rebounded late Thursday as weaker U.S. growth data and softer dollar conditions helped offset inflation and geopolitical worries, improving near-term support for gold-linked assets like IAU. Gold rebounds as weak GDP offsets Hormuz risk – Kitco PM Report
- Positive Sentiment: Disappointing U.S. labor and housing data, including higher jobless claims and weaker new-home sales, has reinforced expectations that the Federal Reserve could eventually cut rates, which is generally supportive for gold. Gold price finding new support as U.S. New home sales drop 6.2% in April
- Positive Sentiment: Several analysts say gold may be bottoming near technical support, with bullish reversal signals building around the 200-day moving average, suggesting the recent selloff may be stabilizing. Gold (XAU/USD) Price Forecast: Reversal Signals Build Near 200-Day
- Neutral Sentiment: Short interest in iShares Gold Trust fell sharply in May, which may reduce bearish pressure on the ETF, but it is not a direct fundamental catalyst for gold prices.
- Negative Sentiment: Gold has also faced pressure from a stronger U.S. dollar and rising bond yields, which reduce the appeal of non-yielding assets and have weighed on the metal at times this week. Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds in Week 8 – Gold Breaks $4,500, Silver Drops to $73.42?
- Negative Sentiment: UBS cut its 2026 gold price forecast, citing persistent headwinds from elevated Treasury yields and dollar strength, which could limit upside for IAU if those conditions continue. UBS lowers 2026 gold price forecast to $5,500/oz: ‘Markets are rediscovering the concept of opportunity cost’
iShares Gold Trust Stock Up 1.0%
iShares Gold Trust Profile
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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