United Asset Strategies Inc. lowered its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 40.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 8,497 shares of the exchange traded fund’s stock after selling 5,693 shares during the quarter. United Asset Strategies Inc.’s holdings in iShares Gold Trust were worth $690,000 at the end of the most recent reporting period.
Other institutional investors have also bought and sold shares of the company. Financial Perspectives Inc lifted its holdings in shares of iShares Gold Trust by 8.6% in the 4th quarter. Financial Perspectives Inc now owns 2,991 shares of the exchange traded fund’s stock worth $243,000 after acquiring an additional 238 shares during the last quarter. Proathlete Wealth Management LLC lifted its holdings in shares of iShares Gold Trust by 25.1% in the 4th quarter. Proathlete Wealth Management LLC now owns 2,773 shares of the exchange traded fund’s stock worth $225,000 after acquiring an additional 556 shares during the last quarter. Caliber Wealth Management LLC KS lifted its holdings in shares of iShares Gold Trust by 36.5% in the 4th quarter. Caliber Wealth Management LLC KS now owns 3,851 shares of the exchange traded fund’s stock worth $313,000 after acquiring an additional 1,030 shares during the last quarter. Bigelow Investment Advisors LLC lifted its holdings in shares of iShares Gold Trust by 0.6% in the 4th quarter. Bigelow Investment Advisors LLC now owns 143,370 shares of the exchange traded fund’s stock worth $11,637,000 after acquiring an additional 896 shares during the last quarter. Finally, Crown Wealth Group LLC bought a new stake in shares of iShares Gold Trust in the 4th quarter worth about $2,531,000. 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:
- Positive Sentiment: Central banks are still large net buyers of physical gold, supporting structural demand and limiting downside for bullion. Gold (XAUUSD) & Silver Price Forecast
- Positive Sentiment: Geopolitical tensions in the Middle East and reports of China and other buyers stepping in create safe-haven demand that can prop up gold and IAU on dips. Gold demand anchored in mispriced risk as China buying signals ‘dip’ opportunity
- Neutral Sentiment: Some gold funds have pulled back after big gains; selloffs appear driven in part by profit‑taking rather than a collapse in fundamentals. Gold Funds Have Dipped
- Neutral Sentiment: Broad-market cues are mixed (futures and sector rotation), so flows into or out of gold ETFs like IAU may hinge on short-term risk appetite. Dow futures tumble 130 points
- Negative Sentiment: Strong U.S. dollar, rising Treasury yields and an oil surge above $100 have raised inflation/terminal‑rate worries and reduced gold’s appeal, pressuring prices and IAU. Gold News: Strong Dollar and Oil Spike Pressure Gold Price Outlook
- Negative Sentiment: Technical signals show recent breakdowns (rising‑wedge failure) and forecasts flag lower targets, raising the risk of further near‑term weakness for gold and IAU. Gold (XAU/USD) Price Forecast: Wedge Breakdown Signals Further Weakness
- Negative Sentiment: Recent reports show gold dipping to two‑week lows after oil and rate‑sensitivity headlines, a direct drag on ETF flows into IAU. Gold hits two-week low: are rising oil prices to blame?
iShares Gold Trust Trading Down 1.0%
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).
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