761,798 Shares in iShares Gold Trust $IAU Acquired by VCU Investment Management Co

VCU Investment Management Co purchased a new position in shares of iShares Gold Trust (NYSEARCA:IAU) in the fourth quarter, Holdings Channel reports. The fund purchased 761,798 shares of the exchange traded fund’s stock, valued at approximately $61,835,000. iShares Gold Trust makes up about 72.6% of VCU Investment Management Co’s investment portfolio, making the stock its biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Schmidt P J Investment Management Inc. increased its stake in shares of iShares Gold Trust by 1.1% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock worth $760,000 after acquiring an additional 106 shares during the period. Foster Group Inc. lifted its holdings in iShares Gold Trust by 2.4% in the fourth quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock valued at $416,000 after acquiring an additional 120 shares during the period. Haverford Trust Co lifted its holdings in iShares Gold Trust by 3.4% in the fourth quarter. Haverford Trust Co now owns 3,617 shares of the exchange traded fund’s stock valued at $294,000 after acquiring an additional 120 shares during the period. Brooks Moore & Associates Inc. boosted its position in iShares Gold Trust by 2.1% in the 4th quarter. Brooks Moore & Associates Inc. now owns 6,076 shares of the exchange traded fund’s stock worth $493,000 after purchasing an additional 125 shares in the last quarter. Finally, Nemes Rush Group LLC boosted its position in iShares Gold Trust by 1.9% in the 4th quarter. Nemes Rush Group LLC now owns 6,982 shares of the exchange traded fund’s stock worth $567,000 after purchasing an additional 130 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

Shares of NYSEARCA IAU opened at $79.33 on Friday. The stock has a market capitalization of $67.54 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 12 month low of $61.37 and a 12 month high of $104.40. The firm’s 50 day simple moving average is $85.76 and its 200-day simple moving average is $87.73.

Key Headlines Impacting iShares Gold Trust

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

• Positive Sentiment: Longer-term demand for gold remains supported by central bank buying and geopolitical uncertainty, with several analysts arguing gold ETFs still belong in diversified portfolios. Why Gold ETFs Still Deserve a Place in Long-Term Portfolios
• Positive Sentiment: Some market commentary says central banks are likely to keep increasing gold reserves amid rising geopolitical risks, which could provide ongoing support for gold-backed funds like IAU. Central banks are bringing gold reserves home as geopolitical risks rise
• Neutral Sentiment: Gold briefly found support after the Fed held rates steady, but the market quickly shifted to pricing in a higher-for-longer policy path, limiting the bounce. Gold Rises After Fed Leaves Rates Unchanged
• Negative Sentiment: Gold prices fell as the Fed’s hawkish messaging revived expectations for additional tightening, pushing the dollar higher and pressuring bullion. Gold, silver sink as dollar tests yearly highs following hawkish Fed – Kitco PM Report
• Negative Sentiment: Recent articles point to continued technical weakness in gold, with prices failing at resistance and testing support levels that could signal more downside if they break. Gold (XAU/USD) Price Forecast: Can Bulls Defend Fibonacci Support?

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).