28,172 Shares in iShares Gold Trust $IAU Bought by Marble Wealth LLC

Marble Wealth LLC bought a new stake in iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 28,172 shares of the exchange traded fund’s stock, valued at approximately $2,287,000.

Several other institutional investors have also recently bought and sold shares of the business. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Gold Trust by 47.7% in 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 last quarter. CIBC Bancorp USA Inc. bought a new position in shares of iShares Gold Trust in the third quarter worth about $193,639,000. JPMorgan Chase & Co. lifted its holdings in shares of iShares Gold Trust by 20.6% in 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 last quarter. Concurrent Investment Advisors LLC lifted its holdings in shares of iShares Gold Trust by 381.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 2,534,729 shares of the exchange traded fund’s stock worth $205,744,000 after acquiring an additional 2,008,288 shares during the last quarter. Finally, Mizuho Bank Ltd. bought a new position in shares of iShares Gold Trust in the third quarter worth about $120,798,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.2%

IAU stock opened at $84.42 on Wednesday. The stock has a market capitalization of $71.87 billion, a P/E ratio of 5.53 and a beta of 0.16. iShares Gold Trust has a 12 month low of $61.37 and a 12 month high of $104.40. The firm has a 50-day moving average price of $87.07 and a 200-day moving average price of $87.43.

Key iShares Gold Trust News

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

• Positive Sentiment: Central banks are continuing to treat gold as a preferred reserve asset, reinforcing long-term demand for the metal. Central banks see gold as the reserve asset of choice – ECB report
• Positive Sentiment: Gold found support from falling rates, retreating oil prices, a softer dollar, and expectations that weaker macro data could revive rate-cut bets. Gold Price Analysis – Gold Rallies as Rates Fall
• Positive Sentiment: Analysts say structural supports such as debt concerns, de-dollarization, sticky inflation, and steady central bank buying remain intact even after recent pullbacks. Gold price is squeezed between 50 and 200 DMA, but 2025 drivers will return stronger once Iran war recedes – Saxo Bank’s Hansen

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).