Allworth Financial LP trimmed its position in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 10.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 258,741 shares of the exchange traded fund’s stock after selling 30,167 shares during the quarter. Allworth Financial LP’s holdings in iShares Gold Trust were worth $18,829,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in IAU. Abich Financial Wealth Management LLC acquired a new position in iShares Gold Trust in the third quarter valued at about $25,000. Mountain Hill Investment Partners Corp. bought a new position in shares of iShares Gold Trust during the 3rd quarter valued at about $29,000. Traub Capital Management LLC acquired a new position in shares of iShares Gold Trust in the 2nd quarter valued at approximately $31,000. Fourth Dimension Wealth LLC grew its position in shares of iShares Gold Trust by 436.3% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 349 shares during the period. Finally, Measured Wealth Private Client Group LLC bought a new stake in iShares Gold Trust during the 3rd quarter worth approximately $31,000. Institutional investors and hedge funds own 59.67% of the company’s stock.
iShares Gold Trust Stock Performance
Shares of IAU stock opened at $91.12 on Thursday. The company has a market capitalization of $76.94 billion, a P/E ratio of 5.53 and a beta of 0.09. The company’s 50 day moving average price is $93.60 and its two-hundred day moving average price is $82.40. iShares Gold Trust has a 52 week low of $55.78 and a 52 week high of $104.40.
iShares Gold Trust News Summary
- Positive Sentiment: An institutional filer (Advisory Services Network LLC) disclosed a purchase of 35,018 IAU shares, indicating some buy-side interest from an investor. Article Title
- Neutral Sentiment: Coverage shows mixed analyst views — some see more upside for gold longer-term while others warn the trade is overcrowded; this produces range-bound flows into gold products like IAU. Article Title
- Neutral Sentiment: A consumer-facing guide on Gold IRAs highlights wide fee dispersion on physical-gold products — this can push some retirement flows toward low-cost ETFs such as IAU, but the net effect is mixed. Article Title
- Negative Sentiment: Gold has broken below its 50‑day moving average and bearish momentum is intensifying in technicals, increasing the odds of further near-term downside for spot gold and IAU. Article Title
- Negative Sentiment: Hot U.S. inflation/PPI prints and a stronger dollar pressured gold intraday, prompting sellers and position adjustments ahead of the Fed — direct negative catalyst for IAU. Article Title
- Negative Sentiment: Saxo Bank and other strategists warn that growing fundamental and technical headwinds give gold room to move lower, reinforcing bearish market sentiment that weighs on IAU. Article Title
- Negative Sentiment: Rising oil and other commodity moves have triggered broader selling in precious and industrial metals; miners and metal‑linked products fell, adding pressure to gold ETFs through sentiment and correlated flows. Article Title
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).
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