iShares Gold Trust $IAU Holdings Raised by Truist Financial Corp

Truist Financial Corp grew its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 5.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 5,814,190 shares of the exchange traded fund’s stock after acquiring an additional 323,755 shares during the period. Truist Financial Corp’s holdings in iShares Gold Trust were worth $423,099,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Ehrlich Financial Group boosted its holdings in iShares Gold Trust by 15.3% during the third quarter. Ehrlich Financial Group now owns 44,884 shares of the exchange traded fund’s stock valued at $3,266,000 after acquiring an additional 5,943 shares during the period. Bay Harbor Wealth Management LLC boosted its stake in iShares Gold Trust by 63.6% during the third quarter. Bay Harbor Wealth Management LLC now owns 55,530 shares of the exchange traded fund’s stock worth $4,041,000 after buying an additional 21,596 shares in the last quarter. Bryn Mawr Trust Advisors LLC boosted its position in shares of iShares Gold Trust by 79.9% during the 2nd quarter. Bryn Mawr Trust Advisors LLC now owns 51,910 shares of the exchange traded fund’s stock valued at $3,237,000 after acquiring an additional 23,054 shares in the last quarter. First Horizon Corp acquired a new stake in iShares Gold Trust during the third quarter valued at approximately $1,863,000. Finally, Strategic Blueprint LLC grew its position in iShares Gold Trust by 30.2% in the third quarter. Strategic Blueprint LLC now owns 136,931 shares of the exchange traded fund’s stock valued at $9,964,000 after acquiring an additional 31,746 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

Key iShares Gold Trust News

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

• Positive Sentiment: Record gold momentum — analysts and market commentators are noting new highs for spot gold (above $5,000) driven by a weak dollar and Fed‑related flows, which supports demand for gold ETFs like IAU. Gold (XAUUSD) & Silver Price Forecast: $5,280 Record, $117 Silver – Can Fed Fuel the Next Leg?
• Positive Sentiment: Banks lifting targets — major banks and strategists have raised upside targets for gold (some discussing $6,000+ scenarios), reinforcing bullish institutional narratives that can sustain ETF inflows. Gold rally has legs – banks lift upside targets to $6,000 and $7,000
• Positive Sentiment: Direct ETF buying — filings show Bensler LLC increased its holdings in IAU, signaling fresh institutional allocation into the trust. That direct buying supports IAU shares. Bensler LLC Grows Holdings in iShares Gold Trust $IAU
• Positive Sentiment: Additional physical demand — large buyers outside traditional central banks (e.g., Tether) reported sizeable gold purchases, tightening physical supply/demand dynamics that underpin bullion‑linked funds. Tether says it bought 27 tons of gold in fourth quarter
• Neutral Sentiment: Mining/commodity market action — mining stocks have rallied alongside gold, increasing sector attention; that can lift investor interest in gold exposures but is an indirect driver for IAU. Mining stocks have been on a tear, with gold passing $5,000. Analysts are split on what’s next
• Negative Sentiment: Technical/mean‑reversion risk — some outlets warn of profit‑taking and short‑term technical corrections after rapid gains; that raises volatility risk for IAU holders. Gold Falls on Likely Technical Correction, Possible Profit‑Taking
• Negative Sentiment: Momentum fatigue and silver‑specific risks — analysts flag early signs of momentum stalling and concerns that silver’s rally may be overheated; cross‑metal dynamics can introduce intermittent risk into precious‑metal ETFs. Gold (XAUUSD) Price Forecast: Rally at Turning Point After Momentum Shows First Signs of Fatigue

iShares Gold Trust Stock Up 2.4%

NYSEARCA:IAU opened at $97.48 on Wednesday. The firm has a market cap of $82.24 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 12 month low of $51.81 and a 12 month high of $97.58. The company’s 50-day moving average price is $83.10 and its two-hundred day moving average price is $74.42.

iShares Gold Trust Company 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).