Sage Investment Advisers LLC Invests $6.32 Million in iShares Gold Trust $IAU

Sage Investment Advisers LLC bought a new position in shares of iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 77,830 shares of the exchange traded fund’s stock, valued at approximately $6,317,000. iShares Gold Trust accounts for approximately 4.7% of Sage Investment Advisers LLC’s portfolio, making the stock its 2nd biggest holding.

A number of other institutional investors have also modified their holdings of the stock. Bank of America Corp DE increased its position in shares of iShares Gold Trust by 1.5% during the third 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 during the period. Envestnet Asset Management Inc. increased its position in shares of iShares Gold Trust by 47.7% during the third 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 during the period. JPMorgan Chase & Co. increased its position in shares of iShares Gold Trust by 20.6% during the third 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 during the period. UBS Group AG increased its position in shares of iShares Gold Trust by 6.5% during the third 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 during the period. Finally, Ameriprise Financial Inc. increased its position in shares of iShares Gold Trust by 2.3% during the second 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 during the period. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $85.49 on Monday. The firm’s 50 day moving average price is $87.13 and its 200-day moving average price is $87.38. iShares Gold Trust has a 52-week low of $61.37 and a 52-week high of $104.40. The company has a market cap of $72.78 billion, a PE ratio of 5.53 and a beta of 0.16.

Key Headlines Impacting iShares Gold Trust

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

• Positive Sentiment: Gold is showing bullish reversal signs, with traders defending long-term support and pushing against key resistance near the 50-day moving average. Gold (XAU/USD) Price Forecast: Falling Wedge Signals Bullish Reversal
• Positive Sentiment: Investors are focusing on upcoming U.S. manufacturing and jobs data, which could weaken rate expectations and boost gold if the economy shows more softness. Gold braces for labor market week as investors eye manufacturing, jobs data
• Positive Sentiment: Gold gained as traders bet the U.S. may reach a deal with Iran, and the metal also found support from easing fears around the Middle East conflict and lower Treasury yields. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Prices Jump Amid Iran Deal Hopes
• Neutral Sentiment: Several reports suggest gold is still range-bound and sensitive to rates, yields, and geopolitical headlines, so the move remains dependent on the next macro catalyst. Gold Weekly Price Analysis – Gold Continues to See Buyers on Dips
• Neutral Sentiment: Gold has been bouncing off support after testing key technical levels, but the broader trend is still being shaped by bond yields and Fed policy expectations. Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds in Week 8 – Gold Breaks $4,500, Silver Drops to $73.42?
• Negative Sentiment: Gold has also faced pressure from a firmer U.S. dollar, higher Treasury yields, and signs of reduced safe-haven demand when U.S.-Iran deal hopes improve. Gold Edges Lower as Traders Assess Potential U.S.-Iran Deal

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).