iShares Gold Trust $IAU Stock Position Decreased by Ballentine Partners LLC

Ballentine Partners LLC decreased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 9.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 142,884 shares of the exchange traded fund’s stock after selling 15,658 shares during the quarter. Ballentine Partners LLC’s holdings in iShares Gold Trust were worth $11,598,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Costello Asset Management INC increased its position in iShares Gold Trust by 223.0% in the fourth quarter. Costello Asset Management INC now owns 646 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 446 shares during the period. Baker Boyer National Bank increased its holdings in shares of iShares Gold Trust by 6.8% in the 4th quarter. Baker Boyer National Bank now owns 6,293 shares of the exchange traded fund’s stock worth $511,000 after acquiring an additional 398 shares during the period. Strategic Wealth Advisors LLC acquired a new stake in shares of iShares Gold Trust in the 4th quarter worth about $647,000. Virtus Family Office LLC lifted its position in iShares Gold Trust by 2.9% in the 4th quarter. Virtus Family Office LLC now owns 30,065 shares of the exchange traded fund’s stock valued at $2,440,000 after purchasing an additional 844 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its position in iShares Gold Trust by 26.3% in the 4th quarter. International Assets Investment Management LLC now owns 9,377 shares of the exchange traded fund’s stock valued at $761,000 after purchasing an additional 1,954 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.

Trending Headlines about iShares Gold Trust

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

• Positive Sentiment: Gold moved higher as falling Treasury yields and weaker U.S. data boosted demand for the metal, a direct tailwind for iShares Gold Trust (IAU). Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher Amid Falling Treasury Yields
• Positive Sentiment: China and other central banks reportedly continued buying gold on dips, supporting long-term demand for the metal and for IAU. China and other central banks continue to buy the dip in gold
• Positive Sentiment: Disappointing consumer sentiment and softer inflation expectations pushed spot gold to session highs, reinforcing the bullish setup for iShares Gold Trust (IAU). Spot gold hits session high after preliminary Consumer Sentiment drops to 48.2, one-year inflation expectations dip to 4.5%
• Positive Sentiment: Gold extended gains after payrolls topped forecasts, while ongoing geopolitical tensions and safe-haven demand kept support under the metal. Gold, silver extend gains as payrolls beat forecasts – Kitco AM Report
• Neutral Sentiment: Commentary on iShares Gold Trust versus SPDR Gold Trust focused on the ETF fee difference rather than a new catalyst for gold prices. iShares Gold Trust vs SPDR Gold Trust: The 0.15% Fee Gap That Matters More Than You Think
• Negative Sentiment: Some reports noted gold rallies fading when oil rebounded and Treasury yields moved higher, which could pressure IAU if those trends persist. Gold News: Gold Rally Fades as Oil Rebounds and Treasury Yields Turn Higher

iShares Gold Trust Trading Up 0.5%

NYSEARCA IAU opened at $88.87 on Friday. The company has a 50-day moving average price of $90.41 and a two-hundred day moving average price of $86.28. The stock has a market cap of $75.66 billion, a price-to-earnings ratio of 5.53 and a beta of 0.16. iShares Gold Trust has a 52 week low of $59.71 and a 52 week high of $104.40.

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).