Burns J W & Co. Inc. NY Increases Position in iShares Gold Trust $IAU

Burns J W & Co. Inc. NY raised its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 55.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 63,361 shares of the exchange traded fund’s stock after buying an additional 22,586 shares during the period. Burns J W & Co. Inc. NY’s holdings in iShares Gold Trust were worth $5,586,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of IAU. Brighton Jones LLC purchased a new stake in iShares Gold Trust during the 4th quarter valued at about $1,864,000. Bison Wealth LLC boosted its position in iShares Gold Trust by 78.5% in the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock valued at $831,000 after buying an additional 7,379 shares during the last quarter. AQR Capital Management LLC increased its holdings in iShares Gold Trust by 47.0% in the 1st quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock worth $1,588,000 after buying an additional 8,609 shares during the period. Glenview Trust co raised its position in iShares Gold Trust by 9.7% during the 2nd quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock worth $772,000 after buying an additional 1,095 shares during the last quarter. Finally, Main Street Financial Solutions LLC raised its position in iShares Gold Trust by 6.3% during 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 buying an additional 2,172 shares during 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: Some strategists argue the recent pullback in gold has created an attractive entry point for longer-term investors, especially as structural de-dollarization trends remain in place. Gold’s pullback creates attractive entry as de-dollarization turns structural – KMLM’s Prior
• Positive Sentiment: China’s gold imports hit a 26-month high in May, suggesting robust physical demand from the world’s largest gold market. China gold imports hit 26-month high in May, up 76% YTD
• Positive Sentiment: Gold found some support after U.S. data showed stronger-than-expected June PMI readings, helping it recover from earlier session lows. Spot gold rises from session lows as flash S&P composite PMI improves to 52.2
• Neutral Sentiment: Gold is testing a key support zone, and the next move will likely depend on whether buyers defend that area or sellers regain control. Gold (XAU/USD) Price Forecast: Support Zone Faces Critical Test
• Neutral Sentiment: Some commentary suggests gold could stabilize if geopolitical risks or policy uncertainty reassert themselves, though the near-term tone remains mixed. Gold Falls; Macro Challenges to Persist in Near Term
• Negative Sentiment: Gold futures settled lower as macro pressures persisted, with the metal and silver both falling for a third straight session. Comex Gold Settles 1.24% Lower at $4129.90
• Negative Sentiment: Deutsche Bank cut its 2026 gold targets, citing reduced investor demand and Fed repricing as major headwinds. Deutsche Bank cuts 2026 gold price targets to $4,300/oz for Q3, $4,800/oz in Q4 as investor demand drops
• Negative Sentiment: Other banks also turned less bullish, with BMO and Morgan Stanley highlighting that hawkish Fed policy and weak ETF inflows could limit gold’s upside. BMO cuts gold price forecast as Fed’s hawkish shift weighs on precious metals
• Negative Sentiment: Gold remains under pressure from a stronger dollar, higher rate-hike odds, and forecasts warning of additional downside if support levels fail. Gold (XAUUSD) Price Forecast: Strong Dollar, PCE Report Threaten More Downside

iShares Gold Trust Price Performance

IAU stock opened at $77.33 on Wednesday. The firm’s fifty day simple moving average is $85.10 and its 200-day simple moving average is $87.71. The company has a market capitalization of $65.83 billion, a P/E ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 12 month low of $61.37 and a 12 month high of $104.40.

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).