S&P 500   5,123.41
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How major US stock indexes fared Friday, 4/12/2024
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Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
US Steel shareholders approve takeover by Japan's Nippon Steel opposed by Biden administration
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
US Steel shareholders approve takeover by Japan's Nippon Steel opposed by Biden administration
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
US Steel shareholders approve takeover by Japan's Nippon Steel opposed by Biden administration
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
US Steel shareholders approve takeover by Japan's Nippon Steel opposed by Biden administration
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
NYSEARCA:IAU

iShares Gold Trust (IAU) Price, Holdings, & News

$44.30
-0.59 (-1.31%)
(As of 04/12/2024 ET)
Today's Range
$44.14
$45.98
50-Day Range
$37.67
$44.88
52-Week Range
$34.35
$45.98
Volume
18.86 million shs
Average Volume
8.05 million shs
Market Capitalization
$28.85 billion
Assets Under Management
$29.60 billion
Dividend Yield
N/A
Net Expense Ratio
0.25%
IAU stock logo

About iShares Gold Trust (NYSEARCA:IAU)

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). The activities of the Trust are limited to issuing Baskets of Shares in exchange for the gold deposited with the Custodian as consideration; selling gold as necessary to cover the Sponsor's fee, Trust expenses not assumed by the Sponsor and other liabilities, and delivering gold in exchange for Baskets of Shares surrendered for redemption. The Trust is not actively managed.

IAU Stock Price History

IAU ETF News Headlines

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Why Gold Keeps Hitting Record Highs
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See More Headlines
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Fund Details

Issuer
iShares
Fund Name
iShares Gold Trust
Tax Classification
Grantor Trust
Current Symbol
NYSEARCA:IAU
Inception Date
1/21/2005
Fund Manager
N/A

Fund Focus

Asset Class
Commodities
Benchmark
LBMA Gold Price
Category
Precious Metals
Focus
Gold
Development Level
Blended Development
Region
Global
Number of Holdings
0

Fund Statistics

Assets Under Management
$28.89 billion
Average Daily Volume
$8.06 million
Discount/Premium
0.53%

Administrator, Advisor and Custodian

Administrator
State Street Bank and Trust Company
Advisor
BlackRock Fund Advisors
Custodian
JPMorgan Chase Bank, N.A. (London Branch)
Distributor
BlackRock Investments, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
The Bank of New York Mellon Company
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
56,308
Put Options
28,914
Call Options
27,394

Miscellaneous

Beta
0.21
Creation Unit
50,000
Creation Fee
$500.00
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iShares Gold Trust Expenses

TypeIAUGold ETFsCommodities ETFsNYSEARCA ETFsAll ETFs
Management Fee0.25%0.44%0.66%0.50%0.51%
Other Expenses0.00%0.08%0.27%0.64%0.58%
Total Expense0.25%0.45%0.77%0.74%0.70%
Fee Waiver0.00%-0.06%-0.18%-0.68%-0.57%
Net Expense0.25%0.48%0.70%0.58%0.58%

iShares Gold Trust (IAU) Holdings

Top 1 IAU Holdings

  • Gold
    Holding Weight: 100.00%

Key Executives

  • Patrick J. Dunne
    President, Chief Executive Officer of the Sponsor
  • Jack Gee
    Chief Financial Officer, Chief Operating Officer, Director of the Manager
  • Charles C. S. Park
    Chief Financial Officer, Director of the Sponsor
  • Philip J. Jensen
    Director of the Sponsor
  • Peter F. Landini
    Director of the Sponsor
  • Kimun Lee
    Director of the Sponsor
  • Paul C. Lohrey
    Director of the Sponsor

Should I Buy iShares Gold Trust Stock? IAU Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in iShares Gold Trust:

  • The recent surge in put options trading on iShares Gold Trust indicates increased investor interest, potentially signaling a buying opportunity.
  • Gold is often considered a safe-haven asset, providing a hedge against market volatility and economic uncertainty.
  • As of the latest data, the stock price of iShares Gold Trust has shown resilience, maintaining its value during turbulent market conditions.
  • iShares Gold Trust is backed by physical gold held by a reputable custodian, providing investors with direct exposure to the precious metal.
  • Investing in iShares Gold Trust can serve as a diversification tool in a portfolio, reducing overall risk exposure.

Cons

Investors should be bearish about investing in iShares Gold Trust for these reasons:

  • Gold prices can be volatile, subject to fluctuations based on various factors such as interest rates, inflation, and geopolitical events.
  • Unlike dividend-paying stocks, iShares Gold Trust does not provide income in the form of dividends, which may deter income-focused investors.
  • Investing in gold does not offer the same potential for long-term growth as equities or other asset classes, limiting capital appreciation opportunities.
  • The performance of iShares Gold Trust is directly tied to the price of gold, making it susceptible to sudden price swings in the commodity market.
  • Management fees associated with iShares Gold Trust can erode returns over time, especially in periods of low gold price appreciation.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 6, 2024. Please send any questions or comments about these iShares Gold Trust pros and cons to contact@marketbeat.com.

IAU ETF - Frequently Asked Questions

How have IAU shares performed in 2024?

iShares Gold Trust's stock was trading at $39.03 at the start of the year. Since then, IAU stock has increased by 13.5% and is now trading at $44.30.
View the best growth stocks for 2024 here
.

What does IAU invest in?

iShares Gold Trust is a commodities fund issued by iShares. IAU focuses on gold investments and follows the LBMA Gold Price. The fund's investments total to approximately $29.60 billion assets under management.

What is the management fee for iShares Gold Trust?

iShares Gold Trust's management fee is 0.25% and has no other recorded expenses or fee waivers. The net expense ratio for IAU is 0.25%.

When did iShares Gold Trust's stock split?

iShares Gold Trust shares reverse split on the morning of Monday, May 24th 2021. The 1-2 reverse split was announced on Wednesday, March 3rd 2021. The number of shares owned by shareholders was adjusted after the market closes on Friday, May 21st 2021. An investor that had 100 shares of stock prior to the reverse split would have 50 shares after the split.

What other stocks do shareholders of iShares Gold Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other iShares Gold Trust investors own include Alibaba Group (BABA), Intel (INTC), NVIDIA (NVDA), Walmart (WMT), Walt Disney (DIS), SPDR Gold Shares (GLD), Verizon Communications (VZ), AT&T (T), Johnson & Johnson (JNJ) and Tesla (TSLA).

Who are iShares Gold Trust's major shareholders?

iShares Gold Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include Forbes J M & Co. LLP (0.21%), GenWealth Group Inc. (0.13%), Kaydan Wealth Management Inc. (0.09%), Modus Advisors LLC (0.05%), Timber Creek Capital Management LLC (0.05%) and Parkside Investments LLC (0.04%).

How do I buy shares of iShares Gold Trust?

Shares of IAU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:IAU) was last updated on 4/13/2024 by MarketBeat.com Staff

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