PFG Advisors Sells 1,399,691 Shares of iShares Gold Trust $IAU

PFG Advisors reduced its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 97.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 32,678 shares of the exchange traded fund’s stock after selling 1,399,691 shares during the quarter. PFG Advisors’ holdings in iShares Gold Trust were worth $2,378,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of IAU. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares Gold Trust in the 3rd quarter valued at approximately $25,000. MTM Investment Management LLC bought a new position in shares of iShares Gold Trust during the second quarter worth $25,000. Mountain Hill Investment Partners Corp. bought a new position in shares of iShares Gold Trust during the third quarter worth $29,000. Fourth Dimension Wealth LLC grew its holdings in shares of iShares Gold Trust by 436.3% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 349 shares during the period. Finally, SOA Wealth Advisors LLC. grew its holdings in shares of iShares Gold Trust by 230.0% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 462 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 322 shares during the period. 59.67% of the stock is owned by institutional investors.

Key Stories Impacting iShares Gold Trust

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

• Positive Sentiment: Middle East tensions and weaker dollar are driving safe‑haven demand that supports gold/IAU—this underpins today’s upside. Read More.
• Positive Sentiment: BlackRock says both gold and silver could see further gains, adding institutional credibility to the bullish case and likely attracting ETF flows into IAU. Read More.
• Positive Sentiment: Reports of renewed active investing into gold after private‑credit market strains and regional conflict are cited as demand drivers that lift bullion‑linked ETFs. Read More.
• Neutral Sentiment: Technical analysts note gold is testing resistance around the $5,200 area and key intraday levels—this creates a tight range where breakouts or fades will direct flows into/out of IAU. Read More.
• Neutral Sentiment: Ongoing commentary highlights dip‑buying behavior and mixed short‑term forecasts — supportive for buyers on pullbacks but implying volatility remains elevated. Read More.
• Negative Sentiment: Technical warning: a rising‑wedge breakdown could signal near‑term downside and pressure IAU if key moving averages fail to hold. Read More.
• Negative Sentiment: Macro headwinds—dollar strength, rising Treasury yields and stagflation concerns—have weighed on gold in recent sessions and could cap gains for IAU if they re‑intensify. Read More.
• Negative Sentiment: Big commodity moves (e.g., oil surges) have at times driven portfolio rotation away from gold, producing intraday pulls; such reallocation risk can pressure IAU. Read More.

iShares Gold Trust Stock Up 1.1%

IAU opened at $97.85 on Wednesday. The stock has a market cap of $82.62 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 12 month low of $54.90 and a 12 month high of $104.40. The company has a fifty day simple moving average of $92.18 and a 200 day simple moving average of $81.25.

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).