iShares Gold Trust $IAU is Vision Capital Management Inc.’s 7th Largest Position

Vision Capital Management Inc. decreased its position in iShares Gold Trust (NYSEARCA:IAU) by 21.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 301,595 shares of the exchange traded fund’s stock after selling 80,603 shares during the period. iShares Gold Trust makes up approximately 3.4% of Vision Capital Management Inc.’s holdings, making the stock its 7th biggest position. Vision Capital Management Inc.’s holdings in iShares Gold Trust were worth $26,589,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. CIBC Bancorp USA Inc. bought a new stake in shares of iShares Gold Trust during the third quarter valued at approximately $193,639,000. Concurrent Investment Advisors LLC lifted its position in iShares Gold Trust by 381.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 2,534,729 shares of the exchange traded fund’s stock valued at $205,744,000 after acquiring an additional 2,008,288 shares in the last quarter. Citigroup Inc. boosted its stake in iShares Gold Trust by 35.7% during the 4th quarter. Citigroup Inc. now owns 7,201,313 shares of the exchange traded fund’s stock valued at $584,531,000 after purchasing an additional 1,893,594 shares during the last quarter. Mizuho Bank Ltd. purchased a new stake in iShares Gold Trust during the 3rd quarter valued at $120,798,000. Finally, Emory University bought a new stake in shares of iShares Gold Trust in the 3rd quarter worth $78,661,000. 59.67% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about iShares Gold Trust

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

• Positive Sentiment: Gold prices rebounded as weaker U.S. labor and manufacturing data boosted expectations for easier Fed policy, which is generally supportive for IAU. Gold trades near session highs after ADP says net 98K jobs were added in June
• Positive Sentiment: The World Gold Council said central-bank buying and long-term investor demand should help limit downside risk and leave room for gold to recover later this year. These are the key factors that could restart the gold rally this year, or drive prices even lower – World Gold Council H2 Outlook
• Positive Sentiment: Several analysts and banks remained constructive on gold despite the pullback, arguing that official-sector demand could drive a renewed rally. Central banks see gold prices trading between $5,000 and $6,000 in 12 months – OMFIF Survey
• Positive Sentiment: Gold remains underpinned by buying near the $4,000 level, suggesting some investors still see value after the recent correction. Gold Price Analysis – Gold Continues to See Support at 4K
• Neutral Sentiment: Other reports said gold is still in a broader bearish consolidation phase, so the rebound may remain fragile unless upcoming jobs data weakens rates and the dollar further. Gold (XAU/USD) Price Forecast: Downtrend Holds Amid Resistance Test
• Negative Sentiment: Gold’s recent slump, the worst monthly/quarterly stretch in years, reflects pressure from higher Treasury yields, a stronger dollar, and renewed Fed-hike concerns. Gold prices fall further after worst quarter in 13 years as interest rate fears hit bullion

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU opened at $75.96 on Thursday. iShares Gold Trust has a fifty-two week low of $61.60 and a fifty-two week high of $104.40. The business has a 50-day simple moving average of $83.33 and a two-hundred day simple moving average of $87.55. The firm has a market cap of $62.74 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18.

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).