iShares Gold Trust $IAU Stake Lessened by Capital Analysts LLC

Capital Analysts LLC cut its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 51.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 69,869 shares of the exchange traded fund’s stock after selling 73,620 shares during the period. Capital Analysts LLC’s holdings in iShares Gold Trust were worth $5,276,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Haverford Trust Co increased its position in shares of iShares Gold Trust by 3.4% in the 4th quarter. Haverford Trust Co now owns 3,617 shares of the exchange traded fund’s stock worth $294,000 after purchasing an additional 120 shares during the last quarter. Evolution Wealth Management Inc. grew its stake in iShares Gold Trust by 40.3% in the first quarter. Evolution Wealth Management Inc. now owns 432 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 124 shares in the last quarter. Brooks Moore & Associates Inc. grew its stake in iShares Gold Trust by 2.1% in the fourth quarter. Brooks Moore & Associates Inc. now owns 6,076 shares of the exchange traded fund’s stock worth $493,000 after purchasing an additional 125 shares in the last quarter. 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. Finally, Nemes Rush Group LLC increased its holdings in iShares Gold Trust by 1.9% in the fourth quarter. Nemes Rush Group LLC now owns 6,982 shares of the exchange traded fund’s stock valued at $567,000 after buying an additional 130 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors.

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iShares Gold Trust Stock Up 0.9%

Shares of NYSEARCA IAU opened at $82.69 on Thursday. The stock’s 50 day moving average price is $80.15 and its two-hundred day moving average price is $84.66. iShares Gold Trust has a 52-week low of $68.17 and a 52-week high of $104.40. The stock has a market capitalization of $68.29 billion, a P/E ratio of 5.53 and a beta of 0.19.

Key Stories Impacting iShares Gold Trust

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

• Positive Sentiment: Gold ETFs attracted approximately $18 billion in August, according to the World Gold Council, highlighting robust demand for bullion as concerns about sovereign debt and currency debasement grow. Investors pour $18 billion into gold ETFs in August
• Positive Sentiment: UBS said fiscal concerns, inflation, geopolitical uncertainty and sustained sovereign demand support maintaining a strategic gold allocation, suggesting pullbacks could attract longer-term buyers of IAU. Gold is more than a tactical expression of the next Fed decision
• Positive Sentiment: China’s central bank bought 20.2 metric tonnes of gold in August, its largest monthly purchase since late 2023, reinforcing the official-sector demand supporting gold prices. China’s central bank buys 20.2 tonnes of gold in August
• Positive Sentiment: Dollar weakness and renewed Middle East tensions are boosting safe-haven demand, while analysts at Goldman Sachs and Société Générale continue to view the broader gold trend as bullish. Gold and silver price forecast
• Neutral Sentiment: Investors are awaiting U.S. PPI and CPI data, which could determine whether gold breaks above technical resistance or retreats as markets reassess Federal Reserve policy. Gold Slips; Traders Eye Inflation Data
• Negative Sentiment: Rising Treasury yields, higher oil prices and expectations of a possible September rate hike are pressuring non-yielding assets such as gold, creating a risk to IAU if inflation data strengthens the hawkish Fed outlook. Gold price slides as Brent nears $100
• Negative Sentiment: IAU investors should also consider that gains in gold ETFs may receive less favorable tax treatment than gains in broad equity ETFs, potentially reducing after-tax returns for taxable accounts. A $100,000 Gold Gain in IAU Hands the IRS $28,000

iShares Gold Trust 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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