Forbes J M & Co. LLP Has $96.04 Million Holdings in iShares Gold Trust $IAU

Forbes J M & Co. LLP grew its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,183,161 shares of the exchange traded fund’s stock after acquiring an additional 5,743 shares during the quarter. iShares Gold Trust comprises approximately 7.8% of Forbes J M & Co. LLP’s holdings, making the stock its largest holding. Forbes J M & Co. LLP owned 0.14% of iShares Gold Trust worth $96,037,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IAU. Envestnet Asset Management Inc. boosted its position in shares of iShares Gold Trust by 47.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock valued at $1,493,292,000 after acquiring an additional 6,623,876 shares during the last quarter. CIBC Bancorp USA Inc. bought a new position in shares of iShares Gold Trust during the 3rd quarter valued at approximately $193,639,000. JPMorgan Chase & Co. boosted its position in shares of iShares Gold Trust by 20.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,165,231 shares of the exchange traded fund’s stock valued at $958,034,000 after acquiring an additional 2,245,617 shares during the last quarter. Packer & Co Ltd bought a new position in shares of iShares Gold Trust during the 3rd quarter valued at approximately $156,463,000. Finally, Mizuho Bank Ltd. bought a new position in shares of iShares Gold Trust during the 3rd quarter valued at approximately $120,798,000. 59.67% of the stock is currently owned by institutional investors.

Key Headlines Impacting iShares Gold Trust

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

• Positive Sentiment: Merrill analyst says core gold demand drivers (jewellery, central banks, investor flows) should reassert themselves once the initial shock from the Iran conflict fades — a constructive medium‑term backdrop for bullion-backed ETFs like IAU. Gold’s demand drivers ‘should once again reassert themselves’ after Iran war shock fades – Merrill’s Avioli
• Positive Sentiment: Spot gold was bid after the ISM services PMI missed expectations, supporting safe‑haven flows and helping bullion prices — a direct positive for IAU’s NAV. Spot gold at $4,667/oz after ISM Services PMI falls to 54 in March as Iran price shocks raise concern
• Positive Sentiment: Broad market note: gold edged higher on the ISM miss and risk‑off tone in equities — supportive for gold ETFs if risk aversion persists. Gold Edges Higher; ISM Services PMI Falls In March
• Neutral Sentiment: The Bank of France reportedly sold a 129‑tonne U.S. gold reserve and then repurchased it in Europe, a large central‑bank transaction that highlights shifting custody/liquidity dynamics but is unlikely to change global bullion supply/demand materially for ETFs. Bank of France sells its 129-tonne US gold reserve, then buys it back in Europe for tidy $15 billion profit
• Neutral Sentiment: Truce rumors in the Middle East have periodically cooled safe‑haven bids; that ebb and flow creates volatility for IAU but not a clear directional signal until headlines firm up. Gold (XAUUSD) & Silver Price Forecast: Gold Eyes $4,700 as Truce Rumors Cool Safe-Haven Bid; Will It Also Reclaim $4,800?
• Negative Sentiment: Dollar strength and rising rate expectations are capping gold’s upside — a dominant near‑term headwind for IAU since a stronger USD and higher yields typically reduce bullion demand. Gold Falls Amid Dollar Strength, Inflation Worries
• Negative Sentiment: FXEmpire and technical notes warn that a firming dollar and elevated real‑rate expectations are keeping XAUUSD near resistance, limiting upside for gold ETFs until yields/dollar ease. Gold, US Dollar and Bond Yields: Strong Dollar Caps XAUUSD Near Key Resistance
• Negative Sentiment: Recent headlines that Iran rejected a ceasefire proposal and renewed tensions have triggered pullbacks as traders rotate in/out of safe havens — creating short‑term selling pressure on IAU when traders take profits. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Focus On Middle East Tensions

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $87.61 on Tuesday. The company has a market capitalization of $74.59 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a one year low of $55.78 and a one year high of $104.40. The stock has a 50 day moving average price of $92.91 and a 200-day moving average price of $84.13.

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).