GFS Advisors LLC Lowers Holdings in iShares Gold Trust $IAU

GFS Advisors LLC lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 19.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 104,642 shares of the exchange traded fund’s stock after selling 24,917 shares during the quarter. GFS Advisors LLC’s holdings in iShares Gold Trust were worth $8,494,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of IAU. Deutsche Bank AG raised its stake in iShares Gold Trust by 3.4% during the fourth quarter. Deutsche Bank AG now owns 1,041,430 shares of the exchange traded fund’s stock worth $84,533,000 after purchasing an additional 34,693 shares during the period. Outlook Wealth Advisors LLC grew its stake in shares of iShares Gold Trust by 48.7% during the 4th quarter. Outlook Wealth Advisors LLC now owns 24,046 shares of the exchange traded fund’s stock valued at $1,952,000 after buying an additional 7,876 shares during the period. North Dallas Bank & Trust Co. purchased a new stake in shares of iShares Gold Trust during the 4th quarter valued at $3,272,000. FCA Corp TX acquired a new stake in shares of iShares Gold Trust during the 4th quarter worth $216,000. Finally, TIAA Trust National Association increased its holdings in shares of iShares Gold Trust by 6.0% during the 4th quarter. TIAA Trust National Association now owns 707,627 shares of the exchange traded fund’s stock worth $57,438,000 after buying an additional 40,071 shares during the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Down 1.6%

Shares of IAU opened at $80.07 on Wednesday. iShares Gold Trust has a twelve month low of $61.37 and a twelve month high of $104.40. The firm has a market capitalization of $68.17 billion, a P/E ratio of 5.53 and a beta of 0.15. The stock’s fifty day simple moving average is $86.92 and its 200 day simple moving average is $87.65.

More iShares Gold Trust News

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

• Positive Sentiment: China continued buying gold, increasing its reserves for a 19th straight month, which provides some longer-term support for bullion demand. China increases gold reserves by 9.95 tonnes in May for 19th straight month of purchases
• Positive Sentiment: Some analysts still see a bullish long-term case for gold, arguing that inflation could eventually push real rates lower and support a later rebound. Rising inflation may push real rates lower, setting the stage for gold’s next rally – WisdomTree’s Shah
• Neutral Sentiment: Gold and silver were described as holding near steady at times as traders weighed geopolitical safe-haven demand against firmer U.S. rate expectations ahead of inflation data. Gold holds near $4,330 as oil pares Iran-Israel risk premium – Kitco PM Report
• Neutral Sentiment: Gold price action is increasingly tied to upcoming U.S. inflation releases and interest-rate expectations, leaving traders waiting for a clearer catalyst. Gold Price Analysis – Gold Continues to Move to Rate Markets
• Negative Sentiment: Gold has broken below key technical support, with multiple reports citing weakness under the 200-day moving average and growing downside risk. Gold (XAU/USD) Price Forecast: Bearish Pressure Builds After Breakdown
• Negative Sentiment: Stronger U.S. jobs and housing data have reduced expectations for near-term Fed easing, lifting yields and pressuring gold further. Gold price continues to struggle as U.S. Existing Home Sales rise 3.2% in May
• Negative Sentiment: Fed rate-hike expectations have climbed, and several analysts say the broader precious-metals complex is selling off, adding to downside pressure on gold. Gold News: Fed Rate Hike Expectations Put Gold Market Under Pressure
• Negative Sentiment: Platinum and palladium also extended losses, signaling broader weakness across precious metals rather than an isolated move in gold. Platinum, palladium extend losses as Bank of America maintains bullish year-end price outlook

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).