Oxbow Advisors LLC Grows Position in iShares Gold Trust $IAU

Oxbow Advisors LLC grew its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 13.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 774,373 shares of the exchange traded fund’s stock after purchasing an additional 93,915 shares during the period. iShares Gold Trust comprises 4.8% of Oxbow Advisors LLC’s holdings, making the stock its 2nd largest holding. Oxbow Advisors LLC owned 0.09% of iShares Gold Trust worth $58,473,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. LPL Financial LLC grew its position in iShares Gold Trust by 1.5% during the fourth quarter. LPL Financial LLC now owns 13,742,286 shares of the exchange traded fund’s stock worth $1,115,461,000 after buying an additional 203,528 shares in the last quarter. Wells Fargo & Company MN raised its holdings in iShares Gold Trust by 2.0% in the 4th quarter. Wells Fargo & Company MN now owns 13,136,955 shares of the exchange traded fund’s stock valued at $1,066,327,000 after acquiring an additional 260,541 shares in the last quarter. BlackRock Inc. raised its holdings in iShares Gold Trust by 1.3% in the 2nd quarter. BlackRock Inc. now owns 8,732,671 shares of the exchange traded fund’s stock valued at $659,404,000 after acquiring an additional 109,246 shares in the last quarter. Citigroup Inc. lifted 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 period. Finally, Ameriprise Financial Inc. lifted its position in shares of 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 valued at $412,563,000 after acquiring an additional 148,881 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Stock Down 1.7%

Shares of iShares Gold Trust stock opened at $81.71 on Wednesday. iShares Gold Trust has a 12-month low of $62.48 and a 12-month high of $104.40. The company has a market capitalization of $67.48 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18. The firm’s 50-day moving average price is $78.04 and its two-hundred day moving average price is $85.69.

Key Headlines Impacting iShares Gold Trust

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

iShares Gold Trust Company 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).