American Trust Sells 15,073 Shares of iShares Gold Trust $IAU

American Trust cut its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 39.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,373 shares of the exchange traded fund’s stock after selling 15,073 shares during the quarter. American Trust’s holdings in iShares Gold Trust were worth $2,061,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in IAU. Wills Financial Group LLC increased its stake in shares of iShares Gold Trust by 9.8% during the fourth quarter. Wills Financial Group LLC now owns 147,134 shares of the exchange traded fund’s stock worth $11,943,000 after purchasing an additional 13,093 shares during the period. Hudson Oak Wealth Advisory LLC bought a new stake in iShares Gold Trust in the 4th quarter valued at $1,725,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in iShares Gold Trust by 13.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 829,366 shares of the exchange traded fund’s stock valued at $67,320,000 after purchasing an additional 97,852 shares during the period. South Shore Capital Advisors acquired a new position in iShares Gold Trust in the 4th quarter valued at $858,000. Finally, Advisory Services Network LLC grew its holdings in iShares Gold Trust by 20.3% in the 3rd quarter. Advisory Services Network LLC now owns 207,238 shares of the exchange traded fund’s stock valued at $15,081,000 after buying an additional 35,018 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.3%

IAU stock traded down $0.25 during trading hours on Friday, hitting $77.26. 2,747,659 shares of the stock were exchanged, compared to its average volume of 11,348,428. iShares Gold Trust has a 12 month low of $61.60 and a 12 month high of $104.40. The firm has a market capitalization of $63.81 billion, a P/E ratio of 5.53 and a beta of 0.18. The company has a 50-day simple moving average of $81.89 and a two-hundred day simple moving average of $87.31.

Key Stories Impacting iShares Gold Trust

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

• Positive Sentiment: Central banks, including Poland’s, are still buying gold on dips, reinforcing a strong underlying demand backdrop for bullion-backed funds like IAU. Poland’s central bank is buying the dip as gold’s biggest buyers aren’t backing down
• Positive Sentiment: Several analysts say gold’s selloff may be a pause rather than a trend break, with support holding and a possible rebound if bulls reclaim resistance. Gold (XAU/USD) Price Forecast: Can Bulls Reclaim Critical Trend Resistance?
• Positive Sentiment: Longer-term commentary remains constructive, with some strategists arguing the recent correction has created a buying opportunity and that gold still belongs in portfolios. Gold’s selloff is just a pause in a secular bull market, miners now undervalued – Ninepoint’s Wachowiak
• Neutral Sentiment: Gold is trying to stabilize after a sharp drop, but traders are waiting for CPI and other economic signals before committing to a bigger move in either direction. Gold struggles around $4,100 as markets await CPI and Warsh’s Capitol Hill debut
• Neutral Sentiment: Technical outlooks are mixed, with gold testing resistance after a correction and facing risk of further downside if support fails. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Focus On Rising Treasury Yields
• Negative Sentiment: Rising Treasury yields and a firm U.S. dollar are weighing on gold prices, which is the main near-term headwind for IAU. Gold Defends $4,000 Level as Strong Dollar Caps Gains

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).