Unique Wealth LLC trimmed its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 30.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,606 shares of the exchange traded fund’s stock after selling 16,299 shares during the quarter. Unique Wealth LLC’s holdings in iShares Gold Trust were worth $3,315,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of IAU. Godfrey Financial Associates Inc. purchased a new position in iShares Gold Trust during the fourth quarter worth about $25,000. Rossby Financial LCC raised its stake in shares of iShares Gold Trust by 75.7% in the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 140 shares during the period. Monetary Solutions Ltd acquired a new position in shares of iShares Gold Trust in the 4th quarter worth approximately $26,000. Gables Capital Management Inc. lifted its holdings in shares of iShares Gold Trust by 173.1% in the 4th quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 225 shares during the last quarter. Finally, Motiv8 Investments LLC purchased a new position in shares of iShares Gold Trust during the 4th quarter worth approximately $29,000. 59.67% of the stock is currently owned by hedge funds and other institutional investors.
iShares Gold Trust Stock Performance
iShares Gold Trust stock opened at $75.71 on Friday. iShares Gold Trust has a fifty-two week low of $61.37 and a fifty-two week high of $104.40. The firm has a 50 day moving average price of $84.51 and a 200 day moving average price of $87.65. The company has a market capitalization of $64.46 billion, a PE ratio of 5.53 and a beta of 0.15.
Trending Headlines about iShares Gold Trust
- Negative Sentiment: Multiple market updates say gold broke below key support and is showing a bearish technical setup, with analysts warning of deeper correction risk. Gold (XAU/USD) Price Forecast: Trendline Failure Signals Deeper Downside Risk
- Negative Sentiment: Stronger U.S. dollar strength and rising Treasury yields continue to be a headwind for gold, increasing the opportunity cost of holding the non-yielding metal. Gold price could struggle through 2026 as it loses safe-haven status to US bonds – BI’s McGlone
- Negative Sentiment: Several reports note that resilient U.S. economic data and cooling inflation fears are reducing safe-haven demand, which can keep pressure on gold prices. Gold prices struggling as U.S. economy remains resilient and inflation fears cool
- Neutral Sentiment: There were also brief rebounds above $4,000 as lower yields, a softer dollar, and renewed geopolitical risk sparked buying interest, but those moves have not yet reversed the broader downtrend. Gold holds $4,000 as Fed hawkishness offsets renewed Gulf risk – Kitco PM Report
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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