Stuart Investment Advisors Inc. lessened its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 5.7% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 528,842 shares of the exchange traded fund’s stock after selling 31,828 shares during the period. iShares Gold Trust accounts for approximately 20.4% of Stuart Investment Advisors Inc.’s holdings, making the stock its 2nd biggest position. Stuart Investment Advisors Inc.’s holdings in iShares Gold Trust were worth $46,623,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Godfrey Financial Associates Inc. acquired a new position in iShares Gold Trust in the fourth quarter valued at approximately $25,000. Rossby Financial LCC raised its position in shares of iShares Gold Trust by 75.7% during the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 140 shares during the period. Monetary Solutions Ltd acquired a new stake in shares of iShares Gold Trust during the 4th quarter worth approximately $26,000. Longview Financial Advisors Inc. bought a new stake in shares of iShares Gold Trust in the 1st quarter worth approximately $29,000. Finally, 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 purchasing an additional 225 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.
iShares Gold Trust Price Performance
NYSEARCA:IAU opened at $75.71 on Friday. The firm has a market capitalization of $64.46 billion, a P/E ratio of 5.53 and a beta of 0.15. The business has a 50 day simple moving average of $84.51 and a 200 day simple moving average of $87.65. iShares Gold Trust has a 12-month low of $61.37 and a 12-month high of $104.40.
iShares Gold Trust News Roundup
- 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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