iShares Gold Trust $IAU Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers cut its holdings in iShares Gold Trust (NYSEARCA:IAU) by 40.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 1,373,536 shares of the exchange traded fund’s stock after selling 945,933 shares during the period. Cetera Investment Advisers’ holdings in iShares Gold Trust were worth $121,091,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IAU. Brighton Jones LLC purchased a new position in iShares Gold Trust during the fourth quarter worth about $1,864,000. Bison Wealth LLC grew its holdings in iShares Gold Trust by 78.5% in the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock valued at $831,000 after buying an additional 7,379 shares during the period. AQR Capital Management LLC grew its holdings in iShares Gold Trust by 47.0% in the 1st quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock valued at $1,588,000 after buying an additional 8,609 shares during the period. Glenview Trust co increased its stake in shares of iShares Gold Trust by 9.7% during the 2nd quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock valued at $772,000 after acquiring an additional 1,095 shares during the last quarter. Finally, Main Street Financial Solutions LLC increased its stake in shares of iShares Gold Trust by 6.3% during the 2nd quarter. Main Street Financial Solutions LLC now owns 36,817 shares of the exchange traded fund’s stock valued at $2,296,000 after acquiring an additional 2,172 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust Price Performance

Shares of IAU stock opened at $76.15 on Friday. The firm has a market cap of $62.89 billion, a P/E ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a 1-year low of $61.60 and a 1-year high of $104.40. The firm’s 50-day simple moving average is $79.74 and its 200-day simple moving average is $86.91.

Key iShares Gold Trust News

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

• Positive Sentiment: Some investors still see the pullback in gold as healthy profit-taking rather than a breakdown in the longer-term uptrend, suggesting support may hold near current levels.
• Positive Sentiment: Several market commentators, including John Paulson, reiterated that the gold bull market may still be in its early stages, pointing to ongoing central bank buying and broadening investor demand.
• Neutral Sentiment: Technical analysts say gold is trapped between support near $4,000 and resistance around $4,200, so near-term direction may depend on whether buyers can defend key levels.
• Neutral Sentiment: Central bank and sovereign buying remains part of the longer-term support story for gold, but recent headlines also note that the market is consolidating after a sharp run-up.
• Negative Sentiment: Spot gold fell sharply as higher Treasury yields, a firmer U.S. dollar, and stronger-than-expected U.S. weekly jobless claims data pressured precious metals. Article Title
• Negative Sentiment: Recent market commentary also says gold is struggling to hold gains above $4,100, with rising rates and a stronger dollar creating near-term headwinds for bullion and gold-backed funds like IAU.

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).