MFA Wealth Advisors LLC reduced its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 29.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,289 shares of the exchange traded fund’s stock after selling 6,839 shares during the period. MFA Wealth Advisors LLC’s holdings in iShares Gold Trust were worth $1,272,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Wells Fargo & Company MN grew its stake in shares of iShares Gold Trust by 2.0% in the 4th 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 during the period. BlackRock Inc. raised its stake in iShares Gold Trust by 1.3% during the 2nd quarter. BlackRock Inc. now owns 8,732,671 shares of the exchange traded fund’s stock worth $659,404,000 after buying an additional 109,246 shares during the period. Cerity Partners LLC raised its stake in iShares Gold Trust by 4.9% during the 4th quarter. Cerity Partners LLC now owns 3,282,216 shares of the exchange traded fund’s stock worth $266,430,000 after buying an additional 153,179 shares during the period. Captrust Financial Advisors boosted its holdings in iShares Gold Trust by 0.5% in the fourth quarter. Captrust Financial Advisors now owns 2,410,855 shares of the exchange traded fund’s stock worth $195,689,000 after acquiring an additional 11,014 shares in the last quarter. Finally, Proficio Capital Partners LLC boosted its holdings in iShares Gold Trust by 5.7% in the second quarter. Proficio Capital Partners LLC now owns 2,191,169 shares of the exchange traded fund’s stock worth $165,455,000 after acquiring an additional 118,328 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.
Key Stories Impacting iShares Gold Trust
Here are the key news stories impacting iShares Gold Trust this week:
- Positive Sentiment: China’s central bank purchased 21 tonnes of gold in September, lifting its reserves to 2,196 tonnes and extending its buying streak to 23 consecutive months. The purchase was its largest monthly increase in three years, reinforcing expectations that official-sector demand can support gold prices and IAU over time. China’s central bank buys 21 tonnes of gold in September
- Positive Sentiment: Central banks added 39 net tonnes to their gold reserves in August, led by China, Uzbekistan and Poland. Continued reserve diversification and demand for gold as a geopolitical and financial hedge offer fundamental support for the iShares Gold Trust. Central banks add 39 net tonnes of gold in August
- Neutral Sentiment: Gold briefly rebounded as the dollar and long-term Treasury yields pulled back, but analysts say the metal remains highly sensitive to interest-rate moves. Key support near $4,100–$4,104 could determine whether a short-term bounce develops or the correction continues. Gold rebounds as dollar pulls back from yearly highs
- Negative Sentiment: Gold extended its decline toward $4,066, with technical analysts warning that sellers remain in control and that a break below major support could deepen the downturn. This is the most direct near-term explanation for weakness in IAU. Gold price forecast: bearish trend deepens
- Negative Sentiment: Rising Treasury yields and a stronger dollar have pressured gold, while upcoming Federal Reserve minutes and a 10-year Treasury auction could reinforce expectations for higher-for-longer interest rates. Higher yields increase the opportunity cost of holding non-income-producing gold. Gold slides as Fed minutes and 10-year auction test buyers
iShares Gold Trust Stock Performance
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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