iShares Gold Trust $IAU Holdings Lowered by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC reduced its stake in iShares Gold Trust (NYSEARCA:IAU) by 42.9% in the second quarter, HoldingsChannel reports. The fund owned 25,178 shares of the exchange traded fund’s stock after selling 18,927 shares during the quarter. Gateway Wealth Partners LLC’s holdings in iShares Gold Trust were worth $1,901,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Brighton Jones LLC acquired a new position in shares of iShares Gold Trust during the fourth quarter valued at approximately $1,864,000. Bison Wealth LLC raised its holdings in iShares Gold Trust by 78.5% during the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after purchasing an additional 7,379 shares in the last quarter. AQR Capital Management LLC lifted its position in iShares Gold Trust by 47.0% in the first quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock worth $1,588,000 after purchasing an additional 8,609 shares during the period. Glenview Trust co lifted its position in iShares Gold Trust by 9.7% in the second quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock worth $772,000 after purchasing an additional 1,095 shares during the period. Finally, Main Street Financial Solutions LLC boosted its stake in iShares Gold Trust by 6.3% during the 2nd quarter. Main Street Financial Solutions LLC now owns 36,817 shares of the exchange traded fund’s stock valued at $2,296,000 after purchasing an additional 2,172 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

Key Stories Impacting iShares Gold Trust

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

• Positive Sentiment: July retail sales unexpectedly fell 0.6%, while August consumer sentiment dropped to 51 versus expectations of 54.5. The weaker consumer data increased expectations that the Fed may keep rates steady in September, supporting gold and IAU. Gold rallies after retail sales drop
• Positive Sentiment: Soft CPI and PPI readings, rising jobless claims, and a pullback in the dollar have eased rate-hike concerns and helped keep precious metals above recent trading levels. Gold rebounds as dollar pulls back
• Positive Sentiment: UBS said gold could challenge $5,000 per ounce in the first half of 2027, citing lower real rates, a weaker dollar, and continued sovereign and central-bank demand. This reinforces the longer-term bullish case for IAU. UBS gold forecast
• Neutral Sentiment: Investors will watch next week’s Fed minutes, housing data, and manufacturing activity for clues about economic growth and monetary policy. These releases could produce significant volatility for gold and IAU. Gold looks to Fed minutes and economic data
• Negative Sentiment: Gold has struggled to extend its rebound near the $4,450-$4,500 resistance area. Analysts warn that a pullback or profit-taking could occur before another sustained advance, limiting near-term upside for IAU. Gold pullback risk after resistance test

iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $82.28 on Friday. iShares Gold Trust has a 1 year low of $62.48 and a 1 year high of $104.40. The firm has a market cap of $67.96 billion, a P/E ratio of 5.53 and a beta of 0.18. The stock has a fifty day moving average price of $77.97 and a two-hundred day moving average price of $86.00.

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).