IFP Advisors Inc Reduces Stock Position in iShares Gold Trust $IAU

IFP Advisors Inc trimmed its holdings in iShares Gold Trust (NYSEARCA:IAU) by 2.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 555,136 shares of the exchange traded fund’s stock after selling 11,717 shares during the period. iShares Gold Trust makes up 0.8% of IFP Advisors Inc’s investment portfolio, making the stock its 15th biggest holding. IFP Advisors Inc owned approximately 0.07% of iShares Gold Trust worth $41,918,000 as of its most recent SEC filing.

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

iShares Gold Trust Stock Performance

iShares Gold Trust stock opened at $81.95 on Wednesday. iShares Gold Trust has a fifty-two week low of $68.17 and a fifty-two week high of $104.40. The firm’s fifty day moving average price is $80.01 and its 200-day moving average price is $84.74. The stock has a market cap of $67.68 billion, a P/E ratio of 5.53 and a beta of 0.19.

Key Headlines Impacting iShares Gold Trust

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

• Positive Sentiment: Gold’s longer-term outlook remains constructive. Société Générale said synchronized positioning across physical gold, futures, options and ETFs indicates a broad-based bull market. Synchronized build-up of gold exposure
• Positive Sentiment: China’s central bank bought 20.2 metric tonnes of gold in August, its largest monthly purchase since October 2023, providing support for official-sector demand. China central bank gold purchase
• Positive Sentiment: Goldman Sachs metals executive Anthony Kim expects the bull trend to resume and sees fresh all-time highs over the medium term. Debt-free major miners may also increase gold purchases or shareholder returns as cash builds. Gold miners and future buying
• Neutral Sentiment: Gold is consolidating near major resistance, with technical analysts identifying roughly $4,500–$4,511 as a key breakout area. U.S. CPI and PPI data could determine the next direction. Gold breakout forecast
• Neutral Sentiment: Renewed U.S.-Iran tensions and dollar weakness offer safe-haven support, but their impact is competing with interest-rate concerns. Iran risks and metals forecast
• Negative Sentiment: Rising crude oil prices and elevated Treasury yields increased expectations for a more hawkish Fed, pressuring non-yielding gold and IAU. Gold price and oil report
• Negative Sentiment: Stronger U.S. employment data revived rate-hike bets, while traders await inflation data that could reinforce higher-rate expectations. Gold falls on hawkish Fed expectations

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).