iShares Gold Trust $IAU is Sunbelt Securities Inc.’s 9th Largest Position

Sunbelt Securities Inc. lowered its position in iShares Gold Trust (NYSEARCA:IAU) by 37.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 262,168 shares of the exchange traded fund’s stock after selling 159,877 shares during the period. iShares Gold Trust comprises approximately 1.4% of Sunbelt Securities Inc.’s holdings, making the stock its 9th largest position. Sunbelt Securities Inc.’s holdings in iShares Gold Trust were worth $21,280,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. White Knight Strategic Wealth Advisors LLC lifted its holdings in shares of iShares Gold Trust by 45.2% in the 4th quarter. White Knight Strategic Wealth Advisors LLC now owns 8,769 shares of the exchange traded fund’s stock valued at $712,000 after buying an additional 2,730 shares during the period. Hamilton Wealth LLC grew its holdings in iShares Gold Trust by 1.2% during the fourth quarter. Hamilton Wealth LLC now owns 274,064 shares of the exchange traded fund’s stock worth $22,246,000 after acquiring an additional 3,359 shares during the period. Compound Planning Inc. raised its position in iShares Gold Trust by 2.4% in the fourth quarter. Compound Planning Inc. now owns 128,357 shares of the exchange traded fund’s stock worth $10,419,000 after acquiring an additional 2,948 shares in the last quarter. Briggs Wealth Management Inc purchased a new position in iShares Gold Trust in the fourth quarter worth $344,000. Finally, ATX Financial Planning LLC purchased a new position in iShares Gold Trust in the fourth quarter worth $2,727,000. 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: Longer-term demand for gold remains supported by central bank buying and geopolitical uncertainty, with several analysts arguing gold ETFs still belong in diversified portfolios. Why Gold ETFs Still Deserve a Place in Long-Term Portfolios
• Positive Sentiment: Some market commentary says central banks are likely to keep increasing gold reserves amid rising geopolitical risks, which could provide ongoing support for gold-backed funds like IAU. Central banks are bringing gold reserves home as geopolitical risks rise
• Neutral Sentiment: Gold briefly found support after the Fed held rates steady, but the market quickly shifted to pricing in a higher-for-longer policy path, limiting the bounce. Gold Rises After Fed Leaves Rates Unchanged
• Negative Sentiment: Gold prices fell as the Fed’s hawkish messaging revived expectations for additional tightening, pushing the dollar higher and pressuring bullion. Gold, silver sink as dollar tests yearly highs following hawkish Fed – Kitco PM Report
• Negative Sentiment: Recent articles point to continued technical weakness in gold, with prices failing at resistance and testing support levels that could signal more downside if they break. Gold (XAU/USD) Price Forecast: Can Bulls Defend Fibonacci Support?

iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $79.33 on Friday. iShares Gold Trust has a one year low of $61.37 and a one year high of $104.40. The business has a fifty day moving average of $85.76 and a two-hundred day moving average of $87.73. The company has a market cap of $67.54 billion, a P/E ratio of 5.53 and a beta of 0.15.

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).