Citizens Financial Group Inc. RI Has $6.91 Million Stake in iShares Gold Trust $IAU

Citizens Financial Group Inc. RI reduced its position in iShares Gold Trust (NYSEARCA:IAU) by 11.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 78,370 shares of the exchange traded fund’s stock after selling 10,120 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares Gold Trust were worth $6,909,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Wills Financial Group LLC lifted its holdings in shares of iShares Gold Trust by 9.8% in the fourth quarter. Wills Financial Group LLC now owns 147,134 shares of the exchange traded fund’s stock worth $11,943,000 after acquiring an additional 13,093 shares during the last quarter. Hudson Oak Wealth Advisory LLC acquired a new stake in shares of iShares Gold Trust in the 4th quarter valued at approximately $1,725,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of iShares Gold Trust by 13.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 829,366 shares of the exchange traded fund’s stock valued at $67,320,000 after purchasing an additional 97,852 shares during the last quarter. South Shore Capital Advisors bought a new stake in shares of iShares Gold Trust during the 4th quarter valued at approximately $858,000. Finally, Advisory Services Network LLC increased its position in iShares Gold Trust by 20.3% during the 3rd quarter. Advisory Services Network LLC now owns 207,238 shares of the exchange traded fund’s stock worth $15,081,000 after purchasing an additional 35,018 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU opened at $77.26 on Monday. The company has a market cap of $63.81 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18. The firm has a 50 day simple moving average of $81.89 and a 200 day simple moving average of $87.34. iShares Gold Trust has a one year low of $61.60 and a one year high of $104.40.

Key Headlines Impacting iShares Gold Trust

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

• Positive Sentiment: Central banks, including Poland’s, are still buying gold on dips, reinforcing a strong underlying demand backdrop for bullion-backed funds like IAU. Poland’s central bank is buying the dip as gold’s biggest buyers aren’t backing down
• Positive Sentiment: Several analysts say gold’s selloff may be a pause rather than a trend break, with support holding and a possible rebound if bulls reclaim resistance. Gold (XAU/USD) Price Forecast: Can Bulls Reclaim Critical Trend Resistance?
• Positive Sentiment: Longer-term commentary remains constructive, with some strategists arguing the recent correction has created a buying opportunity and that gold still belongs in portfolios. Gold’s selloff is just a pause in a secular bull market, miners now undervalued – Ninepoint’s Wachowiak
• Neutral Sentiment: Gold is trying to stabilize after a sharp drop, but traders are waiting for CPI and other economic signals before committing to a bigger move in either direction. Gold struggles around $4,100 as markets await CPI and Warsh’s Capitol Hill debut
• Neutral Sentiment: Technical outlooks are mixed, with gold testing resistance after a correction and facing risk of further downside if support fails. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Focus On Rising Treasury Yields
• Negative Sentiment: Rising Treasury yields and a firm U.S. dollar are weighing on gold prices, which is the main near-term headwind for IAU. Gold Defends $4,000 Level as Strong Dollar Caps Gains

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).