iShares Gold Trust $IAU Shares Sold by Fifth Third Securities Inc.

Fifth Third Securities Inc. reduced its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 7.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 267,615 shares of the exchange traded fund’s stock after selling 21,664 shares during the period. iShares Gold Trust accounts for about 1.1% of Fifth Third Securities Inc.’s holdings, making the stock its 19th biggest position. Fifth Third Securities Inc.’s holdings in iShares Gold Trust were worth $20,901,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Public Employees Retirement System of Ohio bought a new stake in shares of iShares Gold Trust during the 2nd quarter worth $76,854,000. Crcm LP grew its stake in shares of iShares Gold Trust by 73.7% during the 1st quarter. Crcm LP now owns 1,249,870 shares of the exchange traded fund’s stock worth $111,125,000 after acquiring an additional 530,148 shares during the period. Eurizon Asset Management Hungary Ltd. bought a new stake in iShares Gold Trust in the 1st quarter valued at about $42,494,000. Hamilton Wealth LLC lifted its holdings in iShares Gold Trust by 170.8% during the first quarter. Hamilton Wealth LLC now owns 742,179 shares of the exchange traded fund’s stock valued at $65,431,000 after purchasing an additional 468,115 shares during the last quarter. Finally, Fifth Third Bancorp boosted its holdings in shares of iShares Gold Trust by 1,641.4% in the first quarter. Fifth Third Bancorp now owns 380,997 shares of the exchange traded fund’s stock worth $33,589,000 after acquiring an additional 359,118 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

Trending Headlines about iShares Gold Trust

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

• Positive Sentiment: Gold is attempting to establish a bottom near a key demand zone as the U.S. 10-year real yield eases to 2.77%. Lower real yields generally reduce the opportunity cost of holding non-yielding gold. Gold Tests a Bottom as 10-Year Real Yields Ease to 2.77%
• Positive Sentiment: Gold ETF holdings have reached a record, signaling continued investor demand despite recent price weakness. The World Gold Council also estimates tokenized gold could eventually unlock as much as $700 billion in additional demand, creating a longer-term bullish catalyst for bullion and IAU. Gold and Silver Price Forecast Tokenized Gold Could Unlock New Demand
• Neutral Sentiment: Technical indicators remain mixed: gold is holding important support near $4,000-$4,100, while resistance around $4,217-$4,260 must be cleared to confirm a broader bullish reversal. Gold Tests Major Demand Zone
• Negative Sentiment: Higher oil prices are reviving inflation concerns and increasing expectations for additional Federal Reserve tightening. Firmer Treasury yields and a stronger dollar are also weighing on precious metals, limiting upside for IAU. Gold Falls Amid Pressure From Rising Crude Prices
• Negative Sentiment: Markets are assigning high odds to a December rate increase, keeping gold and silver under pressure even as U.S. housing data weakens. The combination of resilient yields, inflation risk and rate-hike expectations is the main near-term headwind for IAU. December Hike Bets Build
• Negative Sentiment: Russia sold approximately 6.2 tonnes of gold in September, reducing its sovereign holdings to the lowest level since 2019. The sale adds a modest source of near-term supply, though its market impact is likely smaller than changes in yields, the dollar and central-bank demand. Russia Sells Gold in September

iShares Gold Trust Trading Up 0.2%

Shares of IAU traded up $0.17 during mid-day trading on Wednesday, reaching $77.61. 3,111,837 shares of the stock traded hands, compared to its average volume of 9,100,468. The firm has a fifty day moving average price of $81.27 and a 200 day moving average price of $81.95. iShares Gold Trust has a 1 year low of $73.74 and a 1 year high of $104.40. The company has a market cap of $61.20 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18.

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).