Arlington Capital Management Inc. Cuts Position in iShares Gold Trust $IAU

Arlington Capital Management Inc. decreased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 39.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 118,869 shares of the exchange traded fund’s stock after selling 78,984 shares during the period. iShares Gold Trust accounts for about 5.9% of Arlington Capital Management Inc.’s investment portfolio, making the stock its 3rd biggest holding. Arlington Capital Management Inc.’s holdings in iShares Gold Trust were worth $10,479,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Schmidt P J Investment Management Inc. grew its holdings in iShares Gold Trust by 1.1% during the fourth quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock worth $760,000 after buying an additional 106 shares in the last quarter. Foster Group Inc. grew its position in shares of iShares Gold Trust by 2.4% during the 4th quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock valued at $416,000 after acquiring an additional 120 shares during the period. Haverford Trust Co grew its position in shares of iShares Gold Trust by 3.4% during the 4th quarter. Haverford Trust Co now owns 3,617 shares of the exchange traded fund’s stock valued at $294,000 after acquiring an additional 120 shares during the period. Evolution Wealth Management Inc. increased its stake in shares of iShares Gold Trust by 40.3% during the 1st quarter. Evolution Wealth Management Inc. now owns 432 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 124 shares during the last quarter. Finally, Brooks Moore & Associates Inc. increased its stake in shares of iShares Gold Trust by 2.1% during the 4th quarter. Brooks Moore & Associates Inc. now owns 6,076 shares of the exchange traded fund’s stock worth $493,000 after purchasing an additional 125 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.3%

Shares of NYSEARCA:IAU traded down $0.25 during mid-day trading on Friday, reaching $77.26. The company had a trading volume of 2,747,659 shares, compared to its average volume of 11,348,428. iShares Gold Trust has a one year low of $61.60 and a one year high of $104.40. The company’s 50-day moving average price is $81.89 and its 200-day moving average price is $87.31. The firm has a market cap of $63.81 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18.

iShares Gold Trust News Summary

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

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).