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.
Basic Details
Issuer Blackrock
Fund NameiShares Gold Trust
Tax ClassificationGrantor Trust
SymbolNYSEARCA:IAU
Inception Date1/21/2005
Fund Manager
Phone+1-415-6704879
Fund Focus
Asset ClassCommodities
BenchmarkLondon Fix Gold PM PR USD
CategoryPrecious Metals
FocusGold
Development LevelBlended Development
RegionGlobal
Fund Statistics
Assets Under Management$11.75 billion
Average Daily Volume$13.23 million
Discount/Premium4.84%
ETF Expenses
Management Fee0.25%
Other Expenses0.00%
Total Expenses0.25%
Fee Waiver0.00%
Net Expenses0.25%
Administrator, Advisor and Custodian
Administrator
Advisor
CustodianJPMorgan Chase Bank, N.A., London Branch
Distributor
Transfer Agent
TrusteeThe Bank of New York Mellon Corporation
Lead Market MakerVirtu Financial
iShares Gold Trust (NYSEARCA:IAU) Frequently Asked Questions
What is iShares Gold Trust's stock symbol?
iShares Gold Trust trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "IAU."
What is the consensus analysts' recommendation for iShares Gold Trust?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for iShares Gold Trust in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
Are investors shorting iShares Gold Trust?
iShares Gold Trust saw a drop in short interest in June. As of June 15th, there was short interest totalling 4,314,266 shares, a drop of 47.5% from the May 31st total of 8,222,890 shares. Based on an average daily volume of 15,378,699 shares, the days-to-cover ratio is presently 0.3 days. View iShares Gold Trust's Current Options Chain.
Who are iShares Gold Trust's key executives?
iShares Gold Trust's management team includes the folowing people:
- 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
Has iShares Gold Trust been receiving favorable news coverage?
Media headlines about IAU stock have been trending somewhat positive on Monday, Accern reports. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. iShares Gold Trust earned a media sentiment score of 0.22 on Accern's scale. They also assigned news articles about the exchange traded fund an impact score of 46.49 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are iShares Gold Trust's major shareholders?
iShares Gold Trust's stock is owned by many different of retail and institutional investors. Top institutional investors include CENTRAL TRUST Co (0.52%), Bank of Montreal Can (0.30%), Vigilant Capital Management LLC (0.12%), Gibson Capital LLC (0.12%), GenWealth Group Inc. (0.09%) and Lowe Wealth Advisors LLC (0.07%). View Institutional Ownership Trends for iShares Gold Trust.
Which institutional investors are selling iShares Gold Trust stock?
Which institutional investors are buying iShares Gold Trust stock?
IAU stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Pennsylvania Trust Co, Confluence Investment Management LLC, CENTRAL TRUST Co, Versant Capital Management Inc, V Wealth Management LLC, GenWealth Group Inc. and Money Design Co. Ltd.. View Insider Buying and Selling for iShares Gold Trust.
How do I buy shares of iShares Gold Trust?
Shares of IAU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is iShares Gold Trust's stock price today?
One share of IAU stock can currently be purchased for approximately $11.90.
How big of a company is iShares Gold Trust?
iShares Gold Trust has a market capitalization of $11.29 billion.
How can I contact iShares Gold Trust?
iShares Gold Trust's mailing address is 400 Howard St, SAN FRANCISCO, CA 94105, United States. The exchange traded fund can be reached via phone at +1-415-6704879.
MarketBeat Community Rating for iShares Gold Trust (NYSEARCA IAU)
MarketBeat's community ratings are surveys of what our community members think about iShares Gold Trust and other stocks. Vote "Outperform" if you believe IAU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IAU will underperform the S&P 500 over the long term. You may vote once every thirty days.
