US Bancorp DE cut its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 423,089 shares of the exchange traded fund’s stock after selling 6,333 shares during the quarter. US Bancorp DE’s holdings in iShares Gold Trust were worth $34,342,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in IAU. Abich Financial Wealth Management LLC acquired a new stake in iShares Gold Trust in the third quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. acquired a new stake in iShares Gold Trust in the third quarter valued at approximately $29,000. Dakota Community Bank & Trust NA acquired a new stake in iShares Gold Trust in the fourth quarter valued at approximately $30,000. Fourth Dimension Wealth LLC lifted its stake in iShares Gold Trust by 436.3% in the third quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 349 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new stake in iShares Gold Trust in the third quarter valued at approximately $31,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting iShares Gold Trust
Here are the key news stories impacting iShares Gold Trust this week:
- Positive Sentiment: Disappointing ISM data lifted safe?haven demand and put intraday bids under gold, a direct supportive factor for gold-backed ETFs like IAU. Gold prices trading near session highs following disappointing ISM data
- Positive Sentiment: Bank of America reiterated an extremely bullish 12?month gold target, which can support investor sentiment and flows into gold ETFs over the medium term. Bank of America stands firm on 12-month $6,000 gold target, sees silver averaging $86
- Positive Sentiment: Recent dips were met with bargain buying after weaker U.S. GDP and softer yields at times, providing intermittent support for gold ETF flows. Gold News: Gold Price Rebounds as Weak GDP and Lower Yields Support Bounce
- Neutral Sentiment: Multiple technical and market?commentary pieces describe gold as rangebound/consolidating — this suggests muted near?term volatility rather than a clear directional driver for IAU. Gold (XAUUSD) Price Forecast: Gold Price Consolidating as Yields Cap Rally
- Neutral Sentiment: Reports note choppy trading with macro headlines (Middle East, energy) the main wildcards; that keeps flows episodic and makes short?term moves harder to predict. Gold Price Analysis – Gold Continues to See Choppiness
- Negative Sentiment: Several technical analyses highlight a persistent bearish structure and key resistance zones that cap upside — technical pressure can discourage new ETF inflows. Gold (XAU/USD) Price Forecast: Bearish Structure Persists Amid Key Resistance Zones
- Negative Sentiment: Rising interest rates and the link between higher yields and lower gold real returns remain a headwind; weekly analysis shows rates driving recent downside pressure. Gold Weekly Price Analysis – Gold Drops for the Week with Rates Rising
- Negative Sentiment: Higher oil prices and inflation risk can delay Fed easing and keep yields elevated, which is unfavorable for gold in the short term. Gold and Silver Technical Analysis: Oil Shock Keeps Metals Under Pressure
iShares Gold Trust Stock Performance
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).
Further Reading
Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
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