iShares Gold Trust $IAU Shares Sold by PAX Financial Group LLC

PAX Financial Group LLC reduced its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 49.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,102 shares of the exchange traded fund’s stock after selling 32,755 shares during the period. PAX Financial Group LLC’s holdings in iShares Gold Trust were worth $2,918,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. CIBC Bancorp USA Inc. purchased a new position in iShares Gold Trust in the 3rd quarter valued at approximately $193,639,000. Concurrent Investment Advisors LLC raised its stake in shares of iShares Gold Trust by 381.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 2,534,729 shares of the exchange traded fund’s stock valued at $205,744,000 after acquiring an additional 2,008,288 shares in the last quarter. Citigroup Inc. raised its stake in shares of iShares Gold Trust by 35.7% in the fourth quarter. Citigroup Inc. now owns 7,201,313 shares of the exchange traded fund’s stock valued at $584,531,000 after acquiring an additional 1,893,594 shares in the last quarter. Mizuho Bank Ltd. acquired a new stake in shares of iShares Gold Trust in the third quarter valued at $120,798,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in iShares Gold Trust by 18.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,595,990 shares of the exchange traded fund’s stock valued at $535,396,000 after purchasing an additional 1,019,135 shares during the period. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

IAU opened at $77.51 on Friday. iShares Gold Trust has a 12 month low of $61.60 and a 12 month high of $104.40. The stock has a market capitalization of $64.02 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18. The business has a fifty day moving average price of $82.89 and a 200 day moving average price of $87.46.

iShares Gold Trust News Roundup

Here are the key news stories impacting iShares Gold Trust this week:

• Positive Sentiment: Gold prices jumped after the softer U.S. employment data, boosting demand for gold-backed ETFs like IAU as rate-cut hopes and lower yields improved the appeal of non-yielding assets. Gold nears $4,200 as dollar slips after weak jobs data – Kitco AM Report
• Positive Sentiment: Market commentary pointed to central bank buying, ETF inflows, and diversification demand as ongoing structural support for gold, reinforcing the bullish case for IAU. Central banks boost gold reserves with net 41 tonnes purchased in May – World Gold Council
• Positive Sentiment: Several strategists said gold’s recovery above key technical levels signals stabilization and leaves room for further upside if the recent rebound continues. Gold (XAU/USD) Price Forecast: Above Trendline Signals Recovery
• Neutral Sentiment: Reports noted that holiday-weekend trading has been thin, which can exaggerate price moves but does not change the broader gold thesis. Gold Weekly Price Analysis – Gold Extends Weekly Gains as Weak Thursday Jobs Fuel Cut Bets
• Negative Sentiment: Some analysts warned that high U.S. interest rates and a stronger dollar can still cap gold’s upside, limiting how far IAU can run if macro conditions reverse. ‘We anticipate further upside for gold by year-end’ – HSBC’s Sels and Ku

iShares Gold Trust 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).