Stuart Investment Advisors Inc. lessened its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 5.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 528,842 shares of the exchange traded fund’s stock after selling 31,828 shares during the quarter. iShares Gold Trust makes up approximately 20.4% of Stuart Investment Advisors Inc.’s holdings, making the stock its 2nd biggest holding. Stuart Investment Advisors Inc. owned about 0.06% of iShares Gold Trust worth $46,623,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of IAU. GHP Investment Advisors Inc. acquired a new position in iShares Gold Trust in the first quarter worth about $35,000. SmartHarvest Portfolios LLC increased its holdings in iShares Gold Trust by 2.0% in the first quarter. SmartHarvest Portfolios LLC now owns 6,485 shares of the exchange traded fund’s stock valued at $572,000 after buying an additional 129 shares during the last quarter. LifeWealth Investments LLC raised its stake in iShares Gold Trust by 9.4% during the first quarter. LifeWealth Investments LLC now owns 123,121 shares of the exchange traded fund’s stock valued at $10,854,000 after buying an additional 10,626 shares in the last quarter. OLD National Bancorp IN raised its stake in iShares Gold Trust by 2.1% during the first quarter. OLD National Bancorp IN now owns 23,359 shares of the exchange traded fund’s stock valued at $2,059,000 after buying an additional 489 shares in the last quarter. Finally, Cottage Street Advisors LLC lifted its holdings in iShares Gold Trust by 19.0% during the 1st quarter. Cottage Street Advisors LLC now owns 3,606 shares of the exchange traded fund’s stock worth $318,000 after buying an additional 575 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.
More iShares Gold Trust News
Here are the key news stories impacting iShares Gold Trust this week:
- Negative Sentiment: Multiple market updates say gold broke below key support and is showing a bearish technical setup, with analysts warning of deeper correction risk. Gold (XAU/USD) Price Forecast: Trendline Failure Signals Deeper Downside Risk
- Negative Sentiment: Stronger U.S. dollar strength and rising Treasury yields continue to be a headwind for gold, increasing the opportunity cost of holding the non-yielding metal. Gold price could struggle through 2026 as it loses safe-haven status to US bonds – BI’s McGlone
- Negative Sentiment: Several reports note that resilient U.S. economic data and cooling inflation fears are reducing safe-haven demand, which can keep pressure on gold prices. Gold prices struggling as U.S. economy remains resilient and inflation fears cool
- Neutral Sentiment: There were also brief rebounds above $4,000 as lower yields, a softer dollar, and renewed geopolitical risk sparked buying interest, but those moves have not yet reversed the broader downtrend. Gold holds $4,000 as Fed hawkishness offsets renewed Gulf risk – Kitco PM Report
iShares Gold Trust Trading Up 1.0%
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).
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