iShares Gold Trust $IAU Shares Sold by Hoxton Planning & Management LLC

Hoxton Planning & Management LLC reduced its position in iShares Gold Trust (NYSEARCA:IAU) by 60.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,786 shares of the exchange traded fund’s stock after selling 13,268 shares during the period. Hoxton Planning & Management LLC’s holdings in iShares Gold Trust were worth $775,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE boosted its position in iShares Gold Trust by 1.5% during the third quarter. Bank of America Corp DE now owns 30,799,504 shares of the exchange traded fund’s stock worth $2,241,280,000 after purchasing an additional 456,140 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares Gold Trust by 1.5% in the fourth quarter. LPL Financial LLC now owns 13,742,286 shares of the exchange traded fund’s stock valued at $1,115,461,000 after buying an additional 203,528 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of iShares Gold Trust by 2.0% in the fourth 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 buying an additional 260,541 shares in the last quarter. UBS Group AG raised its stake in shares of iShares Gold Trust by 6.5% during the 3rd quarter. UBS Group AG now owns 9,148,055 shares of the exchange traded fund’s stock worth $665,704,000 after buying an additional 561,489 shares during the last quarter. Finally, Citigroup Inc. raised its stake 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 worth $584,531,000 after buying an additional 1,893,594 shares during the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Stock Down 3.0%

iShares Gold Trust stock opened at $74.99 on Thursday. The firm has a market capitalization of $63.84 billion, a PE ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 52 week low of $61.37 and a 52 week high of $104.40. The firm’s 50-day simple moving average is $84.82 and its 200 day simple moving average is $87.68.

Key Stories Impacting iShares Gold Trust

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

• Negative Sentiment: Gold broke below key technical support levels, including a long-term trendline and Fibonacci support, raising the risk of a deeper correction for bullion and gold-linked ETFs like IAU. Gold (XAU/USD) Price Forecast: Breakdown Signals Risk of Deeper Correction
• Negative Sentiment: Gold slipped below the $4,000 level, with multiple reports citing pressure from a stronger dollar, higher yields, and Fed rate-hike repricing. Gold breaks $4,000 as dollar rally pressures metals
• Negative Sentiment: ING and other banks cut gold forecasts as rising yields and dollar strength continue to hurt precious metals demand. ING Cuts Gold and Silver Forecasts as Rising Yields and Stronger Dollar Weigh on Prices
• Neutral Sentiment: Some analysts argue the pullback may be a normal correction rather than the end of the longer-term gold bull market, suggesting the decline could eventually attract buyers. Gold’s 28% correction is painful, but history suggests the bull market isn’t over
• Neutral Sentiment: China’s gold imports surged to a 26-month high in May, showing strong physical demand that could help support prices over time. China gold imports hit 26-month high in May, up 76% YTD

About iShares Gold Trust

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).