iShares Gold Trust $IAU Shares Sold by IFP Advisors Inc

IFP Advisors Inc lowered its position in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 28.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 396,394 shares of the exchange traded fund’s stock after selling 158,742 shares during the quarter. IFP Advisors Inc owned 0.05% of iShares Gold Trust worth $30,958,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of IAU. BlackRock Inc. raised its holdings in iShares Gold Trust by 1.3% in the second quarter. BlackRock Inc. now owns 8,732,671 shares of the exchange traded fund’s stock worth $659,404,000 after purchasing an additional 109,246 shares during the period. Proficio Capital Partners LLC boosted its position in shares of iShares Gold Trust by 5.7% during the second quarter. Proficio Capital Partners LLC now owns 2,191,169 shares of the exchange traded fund’s stock worth $165,455,000 after purchasing an additional 118,328 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of iShares Gold Trust by 19.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,999,238 shares of the exchange traded fund’s stock valued at $162,278,000 after buying an additional 320,712 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of iShares Gold Trust by 8.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,840,038 shares of the exchange traded fund’s stock valued at $138,941,000 after buying an additional 149,558 shares during the period. Finally, AlTi Global Inc. grew its holdings in shares of iShares Gold Trust by 5.4% in the 2nd quarter. AlTi Global Inc. now owns 1,651,446 shares of the exchange traded fund’s stock valued at $124,701,000 after buying an additional 84,457 shares during the period. Institutional investors 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: Falling Treasury and real yields, along with a softer U.S. dollar and reduced expectations for an October Fed hike, helped gold recover from its recent selloff—supportive for IAU. Wall Street undecided on gold’s near-term trajectory
  • Positive Sentiment: Gold has rebounded from the key $4,000 demand zone for a second consecutive week. Analysts say lower real yields and improving technical structure could support an upside breakout if resistance near $4,200–$4,226 is cleared. Gold Weekly Price Forecast
  • Positive Sentiment: Chinese demand remains a fundamental tailwind: the country’s central bank added 23 tonnes to its reserves, while Chinese gold ETFs attracted inflows and holiday demand for jewelry, bars and coins improved. China buys the gold dip
  • Neutral Sentiment: Next week’s U.S. housing, manufacturing, employment and consumer-sentiment reports could drive gold and IAU volatility by influencing expectations for the Fed’s interest-rate path. Gold looks to housing, PMI and consumer sentiment data
  • Neutral Sentiment: Gold is holding above technical support but faces significant resistance around $4,201 to $4,226, leaving investors divided over whether the recent rebound can develop into a sustained breakout. Gold Price Forecast: Bulls Face Crucial Resistance
  • Negative Sentiment: U.S. inflation remains the key headwind. September PPI rose 6.3% year over year and CPI reached 3.7%, increasing the possibility that the Fed keeps rates higher for longer or considers a December hike. Gold holding overnight gains as PPI rises
  • Negative Sentiment: Hot inflation and stronger-than-expected retail sales have supported higher-rate expectations, while rising yields and a firmer dollar previously triggered a sharp gold selloff. Gold Lost $100 an Ounce After the Inflation Report

iShares Gold Trust Stock Down 0.2%

IAU opened at $78.34 on Friday. iShares Gold Trust has a 12 month low of $73.74 and a 12 month high of $104.40. The company has a fifty day simple moving average of $81.46 and a 200 day simple moving average of $82.13. The stock has a market cap of $61.78 billion, a P/E ratio of 5.53 and a beta of 0.18.

iShares Gold Trust Company Profile

(Free Report)

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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Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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