American Investment Services Inc. lessened its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 10.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 91,176 shares of the exchange traded fund’s stock after selling 11,074 shares during the quarter. iShares Gold Trust accounts for 1.8% of American Investment Services Inc.’s portfolio, making the stock its 18th largest position. American Investment Services Inc.’s holdings in iShares Gold Trust were worth $8,038,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in iShares Gold Trust in the fourth quarter valued at $1,864,000. Bison Wealth LLC grew its holdings in iShares Gold Trust by 78.5% during the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after acquiring an additional 7,379 shares in the last quarter. AQR Capital Management LLC increased its position in shares of iShares Gold Trust by 47.0% in the 1st quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock worth $1,588,000 after purchasing an additional 8,609 shares during the last quarter. Glenview Trust co increased its position in shares of iShares Gold Trust by 9.7% in the 2nd quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock worth $772,000 after purchasing an additional 1,095 shares during the last quarter. Finally, Main Street Financial Solutions LLC raised its stake in shares of iShares Gold Trust by 6.3% in the 2nd quarter. Main Street Financial Solutions LLC now owns 36,817 shares of the exchange traded fund’s stock valued at $2,296,000 after purchasing an additional 2,172 shares in the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.
iShares Gold Trust Stock Performance
Shares of iShares Gold Trust stock opened at $77.69 on Thursday. iShares Gold Trust has a 1 year low of $61.60 and a 1 year high of $104.40. The firm’s 50-day simple moving average is $79.97 and its 200-day simple moving average is $86.94. The firm has a market cap of $64.16 billion, a PE ratio of 5.53 and a beta of 0.18.
Key Stories Impacting iShares Gold Trust
- Positive Sentiment: Spot gold rose toward the $4,160 area, helped by technical buying, defensive demand, and renewed interest from traders despite firmer Treasury yields and higher crude prices. Gold rallies as buyers test $4,160, oil lifts yields – Kitco PM Report
- Positive Sentiment: Gold broke above key technical resistance, and analysts say a move above the $4,203 area could confirm a broader bullish trend, which may keep momentum supportive for IAU. Gold (XAU/USD) Price Forecast: Breakout Opens the Door to Higher Targets
- Positive Sentiment: John Paulson said gold is in the early stages of a long-term bull market, citing broadening demand from central banks and private investors, reinforcing the long-term bullish case for bullion. John Paulson says we are in the early stages of a long-term bull market for gold
- Positive Sentiment: Several market outlooks said gold and other precious metals are gaining as traders stay bullish, with central-bank buying, geopolitical risk, and safe-haven demand underpinning prices. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests New Highs As Rebound Continues
- Neutral Sentiment: Commentary from Steve Forbes framed gold as protection against currency debasement and inflation risks, but it did not add a fresh catalyst beyond the existing safe-haven narrative. Gold is ‘insurance’ against currency crisis, inflation overreaction, dollar devaluation – Steve Forbes
- Neutral Sentiment: Some analysts warned that rising rates and oil-driven inflation concerns could still pressure gold in the near term, creating a mixed macro backdrop for IAU. Rising economic fears weakening inflation’s stranglehold on gold prices – CRU
- Negative Sentiment: Gold still faces a technical hurdle near $4,200 and its 50-day average, so a failure to break through could limit further upside in the ETF. Gold Price Analysis – Gold Rallies Near $4,200 Resistance Despite Rising Rates
iShares Gold Trust Company 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).
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