Polaris Investment Advisors LLC Sells 11,486 Shares of iShares Gold Trust $IAU

Polaris Investment Advisors LLC lowered its holdings in iShares Gold Trust (NYSEARCA:IAU) by 38.3% in the first quarter, HoldingsChannel.com reports. The firm owned 18,528 shares of the exchange traded fund’s stock after selling 11,486 shares during the quarter. iShares Gold Trust comprises approximately 1.2% of Polaris Investment Advisors LLC’s holdings, making the stock its 21st biggest holding. Polaris Investment Advisors LLC’s holdings in iShares Gold Trust were worth $1,633,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Brighton Jones LLC acquired a new stake in shares of iShares Gold Trust in the fourth quarter valued at approximately $1,864,000. Bison Wealth LLC grew its position in iShares Gold Trust by 78.5% during the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after buying an additional 7,379 shares in the last quarter. AQR Capital Management LLC increased its stake in iShares Gold Trust by 47.0% during the 1st quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock worth $1,588,000 after acquiring an additional 8,609 shares during the period. Glenview Trust co increased its stake in iShares Gold Trust by 9.7% during the 2nd quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock worth $772,000 after acquiring an additional 1,095 shares during the period. Finally, Main Street Financial Solutions LLC increased its stake in iShares Gold Trust by 6.3% during the 2nd quarter. Main Street Financial Solutions LLC now owns 36,817 shares of the exchange traded fund’s stock worth $2,296,000 after acquiring an additional 2,172 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

Key Headlines Impacting iShares Gold Trust

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

• Negative Sentiment: Multiple market updates say gold broke below key support and is showing a bearish technical setup, with analysts warning of deeper correction risk. Gold (XAU/USD) Price Forecast: Trendline Failure Signals Deeper Downside Risk
• Negative Sentiment: Stronger U.S. dollar strength and rising Treasury yields continue to be a headwind for gold, increasing the opportunity cost of holding the non-yielding metal. Gold price could struggle through 2026 as it loses safe-haven status to US bonds – BI’s McGlone
• Negative Sentiment: Several reports note that resilient U.S. economic data and cooling inflation fears are reducing safe-haven demand, which can keep pressure on gold prices. Gold prices struggling as U.S. economy remains resilient and inflation fears cool
• Neutral Sentiment: There were also brief rebounds above $4,000 as lower yields, a softer dollar, and renewed geopolitical risk sparked buying interest, but those moves have not yet reversed the broader downtrend. Gold holds $4,000 as Fed hawkishness offsets renewed Gulf risk – Kitco PM Report

iShares Gold Trust Price Performance

Shares of NYSEARCA IAU opened at $75.71 on Friday. The stock has a market capitalization of $64.46 billion, a PE ratio of 5.53 and a beta of 0.15. The business has a fifty day moving average price of $84.51 and a two-hundred day moving average price of $87.65. iShares Gold Trust has a fifty-two week low of $61.37 and a fifty-two week high of $104.40.

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).