Ameritas Advisory Services LLC Sells 21,769 Shares of iShares Gold Trust $IAU

Ameritas Advisory Services LLC decreased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 28.1% in the 4th quarter, HoldingsChannel reports. The firm owned 55,665 shares of the exchange traded fund’s stock after selling 21,769 shares during the period. Ameritas Advisory Services LLC’s holdings in iShares Gold Trust were worth $4,518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Schmidt P J Investment Management Inc. lifted its holdings in shares of iShares Gold Trust by 1.1% during the fourth quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock worth $760,000 after buying an additional 106 shares in the last quarter. Foster Group Inc. boosted its holdings in iShares Gold Trust by 2.4% in the fourth quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock valued at $416,000 after acquiring an additional 120 shares during the last quarter. Two West Capital Advisors LLC raised its position in shares of iShares Gold Trust by 1.9% during the fourth quarter. Two West Capital Advisors LLC now owns 7,035 shares of the exchange traded fund’s stock worth $571,000 after purchasing an additional 132 shares during the period. Focused Wealth Management Inc raised its position in shares of iShares Gold Trust by 3.4% during the fourth quarter. Focused Wealth Management Inc now owns 4,063 shares of the exchange traded fund’s stock worth $330,000 after purchasing an additional 132 shares during the period. Finally, Evolution Wealth Advisors LLC raised its position in iShares Gold Trust by 1.5% in the 3rd quarter. Evolution Wealth Advisors LLC now owns 8,875 shares of the exchange traded fund’s stock valued at $646,000 after buying an additional 135 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

Key Headlines Impacting iShares Gold Trust

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

• Positive Sentiment: Several analysts remain constructive on gold over the medium term, with forecasts calling for higher prices later this year as debt concerns, central bank demand, and ongoing ETF inflows support the metal. Gold will navigate near-term headwinds to reach $5,000/oz by year-end – ING’s Manthey
• Positive Sentiment: Gold bull commentary and reports of fresh global gold ETF inflows suggest continued investor demand for the metal despite inflation-driven volatility. Global gold ETFs see fresh inflows despite rising inflation risks
• Neutral Sentiment: Gold is hovering around a key technical resistance zone, leaving traders focused on whether it breaks higher or slips back toward support. Gold (XAU/USD) Price Forecast: Resistance Zone Tests Market Direction
• Negative Sentiment: Hot CPI data strengthened the dollar and yields, weighing on gold prices and reducing near-term appeal for IAU. Gold News: Gold Price Retreats as Hot CPI Strengthens Dollar and Yields
• Negative Sentiment: Rising Treasury yields and a stronger dollar continued to pressure precious metals, keeping gold under short-term downside pressure. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Traders Bet On Hawkish Fed

iShares Gold Trust Trading Down 0.4%

NYSEARCA IAU opened at $88.71 on Wednesday. The firm has a market capitalization of $75.52 billion, a P/E ratio of 5.53 and a beta of 0.16. The business has a fifty day simple moving average of $89.86 and a 200 day simple moving average of $86.49. iShares Gold Trust has a 12 month low of $59.71 and a 12 month high of $104.40.

About iShares Gold Trust

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).