Security Financial Services INC. Has $4.15 Million Holdings in iShares Gold Trust $IAU

Security Financial Services INC. lessened its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 67.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,116 shares of the exchange traded fund’s stock after selling 98,884 shares during the period. Security Financial Services INC.’s holdings in iShares Gold Trust were worth $4,154,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Godfrey Financial Associates Inc. acquired a new position in shares of iShares Gold Trust during the fourth quarter worth about $25,000. Monetary Solutions Ltd acquired a new stake in iShares Gold Trust in the 4th quarter valued at approximately $26,000. Merkkuri Wealth Advisors LLC acquired a new stake in iShares Gold Trust in the 1st quarter valued at approximately $26,000. Fairway Wealth LLC lifted its stake in iShares Gold Trust by 525.0% in the 1st quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 252 shares in the last quarter. Finally, Rossby Financial LCC lifted its stake in iShares Gold Trust by 75.7% in the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 140 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust News Roundup

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

• Positive Sentiment: Strong central-bank purchases in the second quarter, along with resilient Asian demand, continue to provide a long-term fundamental tailwind for gold and IAU. Gold and silver price forecast and World Gold Council report
• Positive Sentiment: Analysts increasingly view gold near $4,000 as an attractive value area, suggesting support for IAU if prices hold above that level. Gold has value at $4,000 as investors look beyond Fed hawkishness
• Neutral Sentiment: Gold remains range-bound, roughly between $4,000 and $4,200, as investors await clearer signals on interest rates and Middle East developments. The Fed’s rate hold and softer inflation data offered some support, but did not establish a new trend. Gold weekly price analysis
• Negative Sentiment: Long-term Treasury yields reached levels last seen in 2007, increasing the opportunity cost of holding gold. Better-than-expected U.S. consumer sentiment and easing one-year inflation expectations also reduced immediate demand for the metal as an inflation hedge. Gold pulls back as Treasury yields test new highs

iShares Gold Trust Stock Down 1.5%

NYSEARCA:IAU opened at $76.17 on Friday. iShares Gold Trust has a twelve month low of $61.99 and a twelve month high of $104.40. The business has a 50 day moving average price of $78.68 and a two-hundred day moving average price of $86.56. The company has a market cap of $62.91 billion, a P/E ratio of 5.53 and a beta of 0.18.

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).