Bank of New York Mellon Corp Buys 515,933 Shares of iShares Gold Trust $IAU

Bank of New York Mellon Corp lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 35.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,958,763 shares of the exchange traded fund’s stock after purchasing an additional 515,933 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares Gold Trust were worth $142,539,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IAU. Howard Wealth Management LLC bought a new stake in iShares Gold Trust during the 3rd quarter worth $205,000. Truist Financial Corp boosted its stake in shares of iShares Gold Trust by 5.9% during the third quarter. Truist Financial Corp now owns 5,814,190 shares of the exchange traded fund’s stock valued at $423,099,000 after purchasing an additional 323,755 shares in the last quarter. Hutchens & Kramer Investment Management Group LLC grew its holdings in shares of iShares Gold Trust by 7.7% during the third quarter. Hutchens & Kramer Investment Management Group LLC now owns 4,928 shares of the exchange traded fund’s stock worth $359,000 after purchasing an additional 352 shares during the last quarter. One Wealth Advisors LLC increased its stake in shares of iShares Gold Trust by 30.1% in the third quarter. One Wealth Advisors LLC now owns 44,364 shares of the exchange traded fund’s stock valued at $3,228,000 after buying an additional 10,263 shares during the period. Finally, CCG Wealth Management LLC acquired a new position in shares of iShares Gold Trust in the third quarter valued at approximately $296,000. 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: Analysts characterize the recent sell‑off as a healthy correction that could clear excess speculative positioning and set up further upside later in the cycle. Don’t panic: Analysts see gold and silver’s sell-off as a healthy correction
• Positive Sentiment: Longer‑term structural supports remain: central‑bank buying, geopolitical risks and ongoing reallocation into gold are cited by industry groups and strategists as underpinning demand. Gold Demand to Remain Strong as Investors Reassess Risk, WGC Says
• Positive Sentiment: IAU saw unusual options activity recently with a large block of call buying, signaling some investors were positioned for further upside before the pullback (potential short‑term bullish flow into the ETF).
• Neutral Sentiment: Citi’s outlook: gold is being supported today by overlapping geopolitical and economic risks, though Citi warns roughly half that risk premium could fade later in 2026 — a mixed near‑term vs. medium‑term view. Citi sees gold supported by risks, with some fading expected later in 2026
• Neutral Sentiment: Technically, commentators note the move has hit key retracement levels; some see the decline as a buying opportunity while others warn it could signal a deeper consolidation — outcomes are data and sentiment dependent. Gold News: Did Volatile, but Orderly 50% Correction Just Set Up Buy or Signal Top?
• Negative Sentiment: Nomination of Kevin Warsh to chair the Fed relieved some market fears about politicization of the central bank and reduced a portion of the “policy‑risk” premium that supported gold, prompting profit‑taking. Gold and Silver Prices Plunge from Record Highs—What Investors Need to Know
• Negative Sentiment: Rapid, broad selling across gold and silver (including large intraday drops and an 18% plunge in silver in some notes) reflects stretched positioning and a strong dollar/inflation‑data backdrop that can pressure bullion and ETF flows. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Collapses 18% As Traders Rush For Exits

iShares Gold Trust Price Performance

Shares of NYSEARCA IAU opened at $91.20 on Friday. The company has a 50 day simple moving average of $84.38 and a 200 day simple moving average of $75.08. iShares Gold Trust has a 1 year low of $52.74 and a 1 year high of $104.40. The firm has a market cap of $77.00 billion, a PE ratio of 5.53 and a beta of 0.09.

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).