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

Altiora Financial Group LLC lowered its stake in iShares Gold Trust (NYSEARCA:IAU) by 14.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 64,394 shares of the exchange traded fund’s stock after selling 10,632 shares during the quarter. iShares Gold Trust accounts for about 0.9% of Altiora Financial Group LLC’s portfolio, making the stock its 25th biggest holding. Altiora Financial Group LLC’s holdings in iShares Gold Trust were worth $5,227,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IAU. Abich Financial Wealth Management LLC acquired a new stake in iShares Gold Trust during the 3rd quarter worth $25,000. Godfrey Financial Associates Inc. acquired a new stake in iShares Gold Trust during the 4th quarter worth $25,000. Gables Capital Management Inc. boosted its stake in iShares Gold Trust by 173.1% during 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. Dakota Community Bank & Trust NA acquired a new stake in iShares Gold Trust during the 4th quarter worth $30,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in iShares Gold Trust during the 3rd quarter worth $31,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 3.0%

Shares of IAU opened at $79.13 on Friday. iShares Gold Trust has a 52-week low of $61.37 and a 52-week high of $104.40. The firm’s fifty day moving average is $86.57 and its two-hundred day moving average is $87.67. The stock has a market cap of $67.37 billion, a PE ratio of 5.53 and a beta of 0.15.

iShares Gold Trust News Roundup

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

• Positive Sentiment: Gold is attempting to rebound after a steep sell-off, with traders watching for a potential bottom near major support. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound After Strong Sell-Off
• Positive Sentiment: Some analysts argue the pullback does not break gold’s long-term bull case, noting that the metal is holding above key support. Don’t fear a drop below $4,000, gold’s bull market isnt broken – Thorsten Polleit
• Neutral Sentiment: Gold is testing a major support zone, and a reversal could form if the undercut-and-run setup holds. Gold (XAU/USD) Price Forecast: Undercut Setup Signals Potential Bottom
• Negative Sentiment: Recent U.S. inflation data and higher-for-longer rate expectations are weighing on gold, pressuring bullion and gold-backed funds like IAU. Gold slumps to 6-month low even as inflation fears rise. Heres why bullion is out of favor
• Negative Sentiment: Several market updates say gold remains in a downtrend and near critical support, suggesting more downside risk if support breaks. Gold price remains under pressure as U.S. jobless claims rises to 229k

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).