Oxbow Advisors LLC Has $58.47 Million Stock Holdings in iShares Gold Trust $IAU

Oxbow Advisors LLC boosted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 13.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 774,373 shares of the exchange traded fund’s stock after buying an additional 93,915 shares during the quarter. iShares Gold Trust comprises approximately 4.8% of Oxbow Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Oxbow Advisors LLC’s holdings in iShares Gold Trust were worth $58,473,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Godfrey Financial Associates Inc. acquired a new stake in iShares Gold Trust during the 4th quarter valued at approximately $25,000. Monetary Solutions Ltd bought a new position in iShares Gold Trust during the 4th quarter worth approximately $26,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares Gold Trust in the 1st quarter worth approximately $26,000. Fairway Wealth LLC lifted its position in shares of iShares Gold Trust by 525.0% in the 1st quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 252 shares during the period. Finally, Rossby Financial LCC lifted its position in shares of iShares Gold Trust by 75.7% in the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 140 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 1.7%

Shares of IAU opened at $81.71 on Wednesday. The stock has a market capitalization of $67.48 billion, a P/E ratio of 5.53 and a beta of 0.18. The firm’s fifty day simple moving average is $78.04 and its two-hundred day simple moving average is $85.69. iShares Gold Trust has a 12 month low of $62.48 and a 12 month high of $104.40.

iShares Gold Trust News Summary

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

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).