Deutsche Bank AG cut its position in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 1.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 980,233 shares of the exchange traded fund’s stock after selling 17,672 shares during the quarter. Deutsche Bank AG’s holdings in iShares Gold Trust were worth $74,017,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Godfrey Financial Associates Inc. purchased a new stake in shares of iShares Gold Trust in the 4th quarter valued at approximately $25,000. Monetary Solutions Ltd acquired a new position in iShares Gold Trust in the 4th quarter worth approximately $26,000. Merkkuri Wealth Advisors LLC purchased a new position in iShares Gold Trust during the 1st quarter worth approximately $26,000. Fairway Wealth LLC grew its position in iShares Gold Trust by 525.0% during the 1st quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 252 shares in the last quarter. Finally, Rossby Financial LCC grew its position in iShares Gold Trust by 75.7% during the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 140 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.
iShares Gold Trust Stock Up 0.3%
Shares of NYSEARCA:IAU opened at $85.13 on Friday. The company’s fifty day moving average is $78.32 and its two-hundred day moving average is $85.53. The company has a market cap of $70.31 billion, a P/E ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a 12-month low of $62.73 and a 12-month high of $104.40.
Key iShares Gold Trust News
- Positive Sentiment: Gold’s recent breakout above key resistance and move toward its 200-day moving average has strengthened the technical outlook, with analysts identifying higher potential targets. Gold Price Forecast: Breakout Puts 200-Day Moving Average in Focus
- Positive Sentiment: Goldman Sachs reportedly sees bullion reaching $5,400 by year-end 2026, supporting bullish sentiment toward gold funds, although the article highlights lower-cost competitor SPDR Gold MiniShares Trust (GLDM). Goldman Targets $5,400 Gold by Year-End
- Positive Sentiment: ByteTree’s Charlie Morris argued that Treasury actions amount to quantitative easing and make gold a “must-have asset,” potentially supporting further gains as investors hedge against fiscal and monetary risks. Bessent’s Interventions Amount to QE
- Positive Sentiment: Electrum chairman Thomas Kaplan offered an extremely bullish long-term forecast of $30,000–$50,000 gold, citing monetary risks and potential supply constraints. Gold Price Headed 10 Times Higher
- Neutral Sentiment: Industrial demand for silver could exceed 42.3 million ounces annually from data centers by 2027, a supportive signal for precious-metals sentiment generally, though it has no direct effect on IAU’s gold holdings. Silver Price Outlook
- Negative Sentiment: Stronger-than-expected Philadelphia Fed manufacturing data and lower jobless claims pushed yields higher and reduced expectations for near-term monetary easing, weighing on gold. Gold Tests $4,450
- Negative Sentiment: Traders took profits after gold’s powerful rally, while Federal Reserve minutes indicated broader support for additional rate increases, creating a near-term headwind for non-yielding gold. Yields Recover and Profit-Taking Cap Gold Rally
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).
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