Keybank National Association OH Has $318.91 Million Stake in iShares Gold Trust $IAU

Keybank National Association OH reduced its position in iShares Gold Trust (NYSEARCA:IAU) by 2.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,617,414 shares of the exchange traded fund’s stock after selling 90,736 shares during the period. iShares Gold Trust makes up 1.2% of Keybank National Association OH’s investment portfolio, making the stock its 21st largest holding. Keybank National Association OH owned about 0.42% of iShares Gold Trust worth $318,911,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IAU. Godfrey Financial Associates Inc. acquired a new position in iShares Gold Trust during the fourth quarter worth $25,000. Monetary Solutions Ltd acquired a new position in shares of iShares Gold Trust during the fourth quarter valued at about $26,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares Gold Trust during the first quarter valued at about $26,000. Fairway Wealth LLC increased its position in shares of iShares Gold Trust by 525.0% during the first quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 252 shares in the last quarter. Finally, Rossby Financial LCC increased its position in shares of iShares Gold Trust by 75.7% during the fourth quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 140 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

More iShares Gold Trust News

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

• Positive Sentiment: Weaker-than-expected U.S. jobs data and softer payroll reports lifted gold above key psychological levels, improving sentiment for gold-backed ETFs like IAU. Article Title
• Positive Sentiment: Several reports said central banks continue buying gold and long-term demand remains supportive, which could help limit downside for the metal. Article Title
• Positive Sentiment: Analysts from WisdomTree and the World Gold Council argued gold remains near fair value and still has upside potential, reinforcing the bullish longer-term case. Article Title
• Neutral Sentiment: Some technical commentary warns that gold is still facing resistance and a broader downtrend may cap near-term gains, which could slow IAU’s advance. Article Title
• Negative Sentiment: Other coverage noted persistent high interest rates and recent bearish consolidation, suggesting gold could remain volatile if rate-cut hopes fade. Article Title

iShares Gold Trust Price Performance

IAU opened at $77.51 on Friday. iShares Gold Trust has a fifty-two week low of $61.60 and a fifty-two week high of $104.40. The firm has a market capitalization of $64.02 billion, a PE ratio of 5.53 and a beta of 0.18. The company’s 50-day moving average is $83.12 and its 200 day moving average is $87.53.

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).