CIBC Bancorp USA Inc. Acquires Shares of 2,660,975 iShares Gold Trust $IAU

CIBC Bancorp USA Inc. bought a new position in iShares Gold Trust (NYSEARCA:IAU) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,660,975 shares of the exchange traded fund’s stock, valued at approximately $193,639,000. iShares Gold Trust comprises about 0.7% of CIBC Bancorp USA Inc.’s portfolio, making the stock its 26th largest position. CIBC Bancorp USA Inc. owned 0.32% of iShares Gold Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of IAU. Bank of America Corp DE grew its stake in shares of iShares Gold Trust by 1.5% during the third quarter. Bank of America Corp DE now owns 30,799,504 shares of the exchange traded fund’s stock valued at $2,241,280,000 after purchasing an additional 456,140 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares Gold Trust by 47.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock worth $1,493,292,000 after purchasing an additional 6,623,876 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Gold Trust by 20.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,165,231 shares of the exchange traded fund’s stock worth $958,034,000 after buying an additional 2,245,617 shares in the last quarter. UBS Group AG lifted its holdings in iShares Gold Trust by 6.5% during the 3rd quarter. UBS Group AG now owns 9,148,055 shares of the exchange traded fund’s stock worth $665,704,000 after buying an additional 561,489 shares in the last quarter. Finally, WealthNavi Inc. boosted its position in iShares Gold Trust by 8.5% in the 3rd quarter. WealthNavi Inc. now owns 7,130,543 shares of the exchange traded fund’s stock valued at $518,890,000 after buying an additional 559,413 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust News Summary

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

• Positive Sentiment: Safe‑haven demand from Middle East tensions is helping hold gold near key support and limits downside, which supports IAU as a gold-backed ETF. Gold (XAUUSD) & Silver Price Forecast: War Risks vs. High Rates; XAU Pivot – $5,062 Break or $4,910 Sink?
• Positive Sentiment: Macro scenarios (recession risk + geopolitical instability) and strong technical momentum remain in analysts’ bull-case forecasts that could push gold materially higher over months — a tailwind for IAU holders. Gold Price Forecast: Recession Risks and Middle East Tensions Could Push Gold Toward $6,500
• Positive Sentiment: UBS still sees significant upside for gold this year (a ~20% gain from current levels), which underpins a constructive medium‑term view for IAU. Gold is still set to gain 20% above current prices in 2026 – UBS
• Neutral Sentiment: Some market participants are seeing technical bounce attempts that could produce short-term recoveries; these intraday recoveries may limit further ETF outflows unless macro drivers change. Gold Edges Higher on Possible Technical Recovery
• Neutral Sentiment: Longer-term institutional demand stories (e.g., states increasing physical gold holdings) and supply-chain developments may support structural demand for bullion/ETFs but are less likely to move prices intraday. Inside an Old Newspaper Building, Wyoming Is Stashing 2,312 Ounces of Gold
• Neutral Sentiment: Supply-chain/responsible-sourcing deals (e.g., Trafigura/Minerven) affect industry dynamics but have limited near-term impact on bullion ETF pricing. Trafigura to help Venezuela’s Minerven develop a responsible gold-sourcing programme
• Negative Sentiment: Near-term positioning ahead of the Fed meeting has led to selling/position adjustments that pressured gold and dragged IAU lower as traders de-risk into the FOMC. Gold Edges Lower on Possible Position Adjustments Before FOMC Decision
• Negative Sentiment: Technical charts show a bearish flag breakdown and tests of 50‑day support; if that support fails, momentum could accelerate lower and pressure IAU further. Gold (XAU/USD) Price Forecast: Bearish Flag Tests Key Support Zone
• Negative Sentiment: Some analysts warn of a deeper pullback scenario (e.g., a drop toward prior lows), which amplifies downside risk for short‑term ETF investors. ‘’We see a scenario where gold goes back down towards $4,200′ – RJO’s Pavilonis

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $94.07 on Wednesday. The stock has a fifty day moving average of $93.45 and a 200-day moving average of $82.34. The stock has a market capitalization of $79.43 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52 week low of $55.78 and a 52 week high of $104.40.

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).