PNC Financial Services Group Inc. Raises Stock Holdings in iShares Gold Trust $IAU

PNC Financial Services Group Inc. lifted its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 4.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,261,497 shares of the exchange traded fund’s stock after acquiring an additional 48,826 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Gold Trust were worth $102,396,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC acquired a new position in shares of iShares Gold Trust in the fourth quarter valued at approximately $1,864,000. Bison Wealth LLC boosted its position 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 worth $831,000 after acquiring an additional 7,379 shares during the last quarter. AQR Capital Management LLC boosted its position in iShares Gold Trust by 47.0% during the first 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 last quarter. Glenview Trust co grew 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 acquiring an additional 1,095 shares during the period. Finally, Main Street Financial Solutions LLC grew its stake 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 worth $2,296,000 after acquiring an additional 2,172 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

Key Stories Impacting iShares Gold Trust

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

• Positive Sentiment: Gold bounced as U.S. Treasury yields eased and oil prices pulled back, improving sentiment for precious metals and supporting gold-linked assets like IAU. Gold, silver rebound as yields ease, Hormuz risk premium narrows – Kitco AM Report
• Positive Sentiment: Several analysts said gold’s medium-term uptrend remains intact, with forecasts calling for much higher prices over the next year if rates stop rising and fund flows stay strong. Gold’s rally will resume after Iran war, with price reaching $5,400/oz by H1 2027 – Lombard Odier
• Positive Sentiment: Gold also found support from weaker oil markets, which boosted demand for precious metals as inflation and macro uncertainty remained in focus. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Oil Markets Dive 5.5%
• Positive Sentiment: Goldman Sachs said central banks have been buying more gold than expected and sees sovereign demand staying elevated through 2026, a constructive signal for bullion-backed funds. Central banks are buying more gold than expected, and purchases will increase further through 2026 – Goldman Sachs
• Neutral Sentiment: Some technical analysts warned that gold remains in a short-term corrective phase after breaking below key levels, suggesting volatility could continue even if the longer-term outlook stays favorable. Gold (XAU/USD) Price Forecast: Bearish Correction Tests Key Support Zones
• Negative Sentiment: Rising bond yields and a stronger U.S. dollar pressured gold at times, with analysts warning that a break of key support could leave bullion vulnerable to further downside. Gold price faces downside risk on break of 200-DMA and $4,350 critical support – Societe Generale

iShares Gold Trust Stock Up 1.4%

Shares of iShares Gold Trust stock opened at $85.53 on Thursday. iShares Gold Trust has a fifty-two week low of $61.37 and a fifty-two week high of $104.40. The business’s fifty day moving average is $88.56 and its two-hundred day moving average is $86.92. The firm has a market cap of $72.82 billion, a PE ratio of 5.53 and a beta of 0.16.

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).