Belvedere Trading LLC Trims Stock Position in iShares Gold Trust $IAU

Belvedere Trading LLC trimmed its holdings in iShares Gold Trust (NYSEARCA:IAU) by 34.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 44,956 shares of the exchange traded fund’s stock after selling 24,044 shares during the period. iShares Gold Trust accounts for 0.0% of Belvedere Trading LLC’s holdings, making the stock its 20th biggest holding. Belvedere Trading LLC’s holdings in iShares Gold Trust were worth $3,271,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its holdings in shares of iShares Gold Trust by 67.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 10,919,614 shares of the exchange traded fund’s stock valued at $680,947,000 after buying an additional 4,398,605 shares during the period. WealthNavi Inc. grew its holdings in iShares Gold Trust by 8.5% during the third quarter. WealthNavi Inc. now owns 7,130,543 shares of the exchange traded fund’s stock worth $518,890,000 after acquiring an additional 559,413 shares during the period. Ameriprise Financial Inc. raised its position in iShares Gold Trust by 2.3% during the second quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock valued at $412,563,000 after acquiring an additional 148,881 shares in the last quarter. Truist Financial Corp raised its position in iShares Gold Trust by 14.4% during the second quarter. Truist Financial Corp now owns 5,490,435 shares of the exchange traded fund’s stock valued at $342,384,000 after acquiring an additional 692,844 shares in the last quarter. Finally, Citigroup Inc. lifted its holdings in iShares Gold Trust by 809.1% in the second quarter. Citigroup Inc. now owns 5,108,818 shares of the exchange traded fund’s stock valued at $318,586,000 after acquiring an additional 4,546,835 shares during the period. 59.67% of the stock is owned by institutional investors and hedge funds.

iShares Gold Trust Trading Up 1.9%

iShares Gold Trust stock opened at $86.49 on Tuesday. The firm has a market cap of $72.63 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 12 month low of $50.14 and a 12 month high of $87.19. The stock’s 50 day simple moving average is $80.10 and its two-hundred day simple moving average is $72.29.

Key Headlines Impacting iShares Gold Trust

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

• Positive Sentiment: Criminal probe into Fed Chair Jerome Powell and fears about Fed independence hit the dollar and sent investors into gold, boosting safe‑haven flows that support IAU. Sell America trade: Dollar drops, gold surges as Trump’s Fed pressure campaign raises fears about U.S. system
• Positive Sentiment: Gold pierced $4,600/oz as haven demand and Fed concerns propelled bullion to new records — a direct positive driver for IAU’s NAV and investor inflows. Gold Breaks Through $4,600 on Fed Concerns, Haven Boost
• Positive Sentiment: Multiple market reports note powerful rallies and record highs for gold and silver as risk‑aversion climbs — positive technical and flow dynamics for IAU. Powerful rallies send gold, silver to record highs amid risk aversion
• Positive Sentiment: Kitco and analysts point to geopolitical shockwaves (Iran, Venezuela, other flashpoints) lifting gold above $4,600 and setting higher resistance levels — continued tailwind for IAU. Gold prices ride geopolitical shockwaves above $4,600, but real resistance lies at $4,770/oz – World Gold Council
• Positive Sentiment: Geopolitical headlines (e.g., U.S.–Greenland/NATO concerns) have pushed investors toward gold and defence stocks; increased safe‑haven demand supports IAU flows. Trump Greenland threat triggers search for shelter beyond gold, defence
• Neutral Sentiment: Technical and intraday trading notes provide entry/exit levels for active traders; useful for timing but not a directional change driver on fundamentals. Gold market analysis for January 12 – key intra-day price entry levels for active traders
• Neutral Sentiment: Market commentators highlight Fed cut bets, CPI/PPI data and dollar moves as next catalysts; these are monitoring items for IAU but not immediate negatives. Gold (XAUUSD) & Silver Price Forecast: Safe‑Haven Surge Lifts XAU Above $4,600
• Negative Sentiment: WSJ flags a likely short‑term technical correction after overnight records — signals that IAU could see pullbacks or higher volatility in the near term. Gold Edges Lower on Likely Technical Correction

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).