CENTRAL TRUST Co trimmed its position in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 9.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 924,593 shares of the exchange traded fund’s stock after selling 92,617 shares during the quarter. iShares Gold Trust makes up approximately 1.6% of CENTRAL TRUST Co’s portfolio, making the stock its 15th biggest position. CENTRAL TRUST Co’s holdings in iShares Gold Trust were worth $81,512,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of the company. CIBC Bancorp USA Inc. acquired a new position in shares of iShares Gold Trust during the third quarter worth $193,639,000. Concurrent Investment Advisors LLC boosted its position in shares of iShares Gold Trust by 381.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 2,534,729 shares of the exchange traded fund’s stock worth $205,744,000 after purchasing an additional 2,008,288 shares in the last quarter. Citigroup Inc. boosted its position in shares of iShares Gold Trust by 35.7% in the 4th quarter. Citigroup Inc. now owns 7,201,313 shares of the exchange traded fund’s stock worth $584,531,000 after purchasing an additional 1,893,594 shares in the last quarter. Mizuho Bank Ltd. purchased a new position in iShares Gold Trust during the 3rd quarter worth $120,798,000. Finally, Emory University purchased a new position in iShares Gold Trust during the 3rd quarter worth $78,661,000. 59.67% of the stock is owned by hedge funds and other institutional investors.
iShares Gold Trust Price Performance
Shares of NYSEARCA:IAU opened at $77.33 on Wednesday. The business’s 50-day moving average is $85.10 and its 200 day moving average is $87.71. iShares Gold Trust has a 1 year low of $61.37 and a 1 year high of $104.40. The firm has a market capitalization of $65.83 billion, a P/E ratio of 5.53 and a beta of 0.15.
Key Stories Impacting iShares Gold Trust
- Positive Sentiment: Some strategists argue the recent pullback in gold has created an attractive entry point for longer-term investors, especially as structural de-dollarization trends remain in place. Gold’s pullback creates attractive entry as de-dollarization turns structural – KMLM’s Prior
- Positive Sentiment: China’s gold imports hit a 26-month high in May, suggesting robust physical demand from the world’s largest gold market. China gold imports hit 26-month high in May, up 76% YTD
- Positive Sentiment: Gold found some support after U.S. data showed stronger-than-expected June PMI readings, helping it recover from earlier session lows. Spot gold rises from session lows as flash S&P composite PMI improves to 52.2
- Neutral Sentiment: Gold is testing a key support zone, and the next move will likely depend on whether buyers defend that area or sellers regain control. Gold (XAU/USD) Price Forecast: Support Zone Faces Critical Test
- Neutral Sentiment: Some commentary suggests gold could stabilize if geopolitical risks or policy uncertainty reassert themselves, though the near-term tone remains mixed. Gold Falls; Macro Challenges to Persist in Near Term
- Negative Sentiment: Gold futures settled lower as macro pressures persisted, with the metal and silver both falling for a third straight session. Comex Gold Settles 1.24% Lower at $4129.90
- Negative Sentiment: Deutsche Bank cut its 2026 gold targets, citing reduced investor demand and Fed repricing as major headwinds. Deutsche Bank cuts 2026 gold price targets to $4,300/oz for Q3, $4,800/oz in Q4 as investor demand drops
- Negative Sentiment: Other banks also turned less bullish, with BMO and Morgan Stanley highlighting that hawkish Fed policy and weak ETF inflows could limit gold’s upside. BMO cuts gold price forecast as Fed’s hawkish shift weighs on precious metals
- Negative Sentiment: Gold remains under pressure from a stronger dollar, higher rate-hike odds, and forecasts warning of additional downside if support levels fail. Gold (XAUUSD) Price Forecast: Strong Dollar, PCE Report Threaten More Downside
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).
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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
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