Bank of New York Mellon Corp Boosts Stake in iShares Gold Trust $IAU

Bank of New York Mellon Corp raised its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 12.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,204,361 shares of the exchange traded fund’s stock after acquiring an additional 245,598 shares during the period. Bank of New York Mellon Corp owned approximately 0.26% of iShares Gold Trust worth $178,928,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Godfrey Financial Associates Inc. purchased a new stake in iShares Gold Trust during the fourth quarter valued at about $25,000. Abich Financial Wealth Management LLC purchased a new stake in iShares Gold Trust during the third quarter valued at about $25,000. Gables Capital Management Inc. grew its position in iShares Gold Trust by 173.1% during the fourth quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 225 shares during the period. Dakota Community Bank & Trust NA purchased a new stake in shares of iShares Gold Trust in the fourth quarter worth about $30,000. Finally, Key Capital Management INC purchased a new stake in shares of iShares Gold Trust in the fourth quarter worth about $32,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

More iShares Gold Trust News

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

• Negative Sentiment: Gold broke below key technical support, with analysts warning that the metal remains under pressure after inflation fears and hawkish Fed expectations drove a sharp selloff. Gold breaks below key technical support, but analysts see a buying opportunity
• Negative Sentiment: Stronger-than-expected U.S. payrolls triggered broad selling in precious metals as traders bet the Fed may stay hawkish for longer. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 3% As Traders Bet On Hawkish Fed
• Negative Sentiment: Gold fell hard after jumpy U.S. rates and a much stronger-than-expected jobs report boosted yields and weighed on the rate-cut trade. Gold Price Analysis – Gold Drops Hard with Rates Jumping
• Negative Sentiment: Spot gold slipped below $4,500 after the strong jobs report lifted Treasury yields and the dollar, adding to near-term pressure on gold-backed funds. Gold slips below $4,500 as strong jobs report hits rate-cut trade – Kitco AM Report
• Neutral Sentiment: Some analysts say the recent selloff may create a buying opportunity, while longer-term forecasts still call for much higher average gold prices in 2026. Gold demand will drop this year even as supply increases, but average price will still rise 43% in 2026 – Metals Focus
• Neutral Sentiment: Gold has also been described as technically precarious, with some commentary suggesting options markets may be underpricing downside risk. The gold chart looks precarious. Here’s how to profit
• Neutral Sentiment: On the more supportive side, some strategists remain bullish on gold over the longer term, citing deglobalization, inflation pressures, and strategic resource demand. Deglobalization sparks race for strategic resources, driving gold and copper outlook – Sohn Montreal

iShares Gold Trust Price Performance

Shares of NYSEARCA IAU opened at $81.22 on Friday. iShares Gold Trust has a 1-year low of $61.37 and a 1-year high of $104.40. The business has a 50-day moving average of $87.03 and a 200-day moving average of $87.51. The company has a market capitalization of $69.15 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15.

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).