Hsbc Holdings PLC Acquires 218,339 Shares of iShares Gold Trust $IAU

Hsbc Holdings PLC boosted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 51.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 646,402 shares of the exchange traded fund’s stock after acquiring an additional 218,339 shares during the period. Hsbc Holdings PLC owned 0.08% of iShares Gold Trust worth $52,467,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Godfrey Financial Associates Inc. acquired a new position in shares of iShares Gold Trust in the fourth quarter valued at $25,000. Rossby Financial LCC lifted its stake in shares of iShares Gold Trust by 75.7% during the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 140 shares during the last quarter. Monetary Solutions Ltd acquired a new stake in shares of iShares Gold Trust during the 4th quarter worth about $26,000. Gables Capital Management Inc. boosted its holdings in shares of 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 buying an additional 225 shares during the period. Finally, Motiv8 Investments LLC bought a new stake in shares of iShares Gold Trust during the 4th quarter worth about $29,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

Key Stories Impacting iShares Gold Trust

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

• Positive Sentiment: Some strategists argue the recent pullback in gold has created an attractive entry point for longer-term investors, especially as structural de-dollarization trends remain in place. Gold’s pullback creates attractive entry as de-dollarization turns structural – KMLM’s Prior
• Positive Sentiment: China’s gold imports hit a 26-month high in May, suggesting robust physical demand from the world’s largest gold market. China gold imports hit 26-month high in May, up 76% YTD
• Positive Sentiment: Gold found some support after U.S. data showed stronger-than-expected June PMI readings, helping it recover from earlier session lows. Spot gold rises from session lows as flash S&P composite PMI improves to 52.2
• Neutral Sentiment: Gold is testing a key support zone, and the next move will likely depend on whether buyers defend that area or sellers regain control. Gold (XAU/USD) Price Forecast: Support Zone Faces Critical Test
• Neutral Sentiment: Some commentary suggests gold could stabilize if geopolitical risks or policy uncertainty reassert themselves, though the near-term tone remains mixed. Gold Falls; Macro Challenges to Persist in Near Term
• Negative Sentiment: Gold futures settled lower as macro pressures persisted, with the metal and silver both falling for a third straight session. Comex Gold Settles 1.24% Lower at $4129.90
• Negative Sentiment: Deutsche Bank cut its 2026 gold targets, citing reduced investor demand and Fed repricing as major headwinds. Deutsche Bank cuts 2026 gold price targets to $4,300/oz for Q3, $4,800/oz in Q4 as investor demand drops
• Negative Sentiment: Other banks also turned less bullish, with BMO and Morgan Stanley highlighting that hawkish Fed policy and weak ETF inflows could limit gold’s upside. BMO cuts gold price forecast as Fed’s hawkish shift weighs on precious metals
• Negative Sentiment: Gold remains under pressure from a stronger dollar, higher rate-hike odds, and forecasts warning of additional downside if support levels fail. Gold (XAUUSD) Price Forecast: Strong Dollar, PCE Report Threaten More Downside

iShares Gold Trust Stock Performance

Shares of IAU opened at $77.33 on Wednesday. The firm has a market cap of $65.83 billion, a P/E ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 52 week low of $61.37 and a 52 week high of $104.40. The firm’s 50-day simple moving average is $85.10 and its 200 day simple moving average is $87.71.

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).