Guardian Partners Inc. Sells 15,000 Shares of iShares Gold Trust $IAU

Guardian Partners Inc. reduced its holdings in iShares Gold Trust (NYSEARCA:IAU) by 50.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 15,000 shares of the exchange traded fund’s stock after selling 15,000 shares during the quarter. Guardian Partners Inc.’s holdings in iShares Gold Trust were worth $1,322,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Wills Financial Group LLC grew its position in shares of iShares Gold Trust by 9.8% in the 4th quarter. Wills Financial Group LLC now owns 147,134 shares of the exchange traded fund’s stock valued at $11,943,000 after buying an additional 13,093 shares during the last quarter. Hudson Oak Wealth Advisory LLC bought a new position in shares of iShares Gold Trust during the fourth quarter worth about $1,725,000. South Shore Capital Advisors bought a new position in shares of iShares Gold Trust during the fourth quarter worth about $858,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of iShares Gold Trust by 13.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 829,366 shares of the exchange traded fund’s stock worth $67,320,000 after acquiring an additional 97,852 shares during the period. Finally, AllGen Financial Advisors Inc. lifted its stake in shares of iShares Gold Trust by 3.4% in the fourth quarter. AllGen Financial Advisors Inc. now owns 378,708 shares of the exchange traded fund’s stock worth $30,740,000 after acquiring an additional 12,624 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust News Roundup

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

• Positive Sentiment: ETF inflows and continued central-bank buying are providing underlying support for gold, while weaker-than-expected U.S. consumer confidence could eventually strengthen expectations for slower economic growth and lower interest rates. Gold and Silver Price Forecast: ETF Inflows Support Gold Ahead of Fed Week
• Positive Sentiment: Longer-term demand remains supported by China and other Asian buyers. BMO Capital Markets said China’s gold holdings could surpass U.S. holdings within five years, while ongoing central-bank accumulation may help establish a floor under prices. China’s Gold Stockpile Could Surpass U.S. Holdings Next Five Years
• Neutral Sentiment: The launch of CME Group’s 24/7 one-ounce gold contract generated roughly $60 million in weekend trading, highlighting sustained investor interest and improving access, but it does not directly change gold’s near-term fundamentals. 60 Million Traded During Inaugural Weekend of CME’s 24/7 Gold Contract
• Negative Sentiment: Gold sellers have gained control despite a softer dollar and favorable yield conditions, as markets reprice interest-rate expectations toward a more hawkish Fed. Elevated yields increase the opportunity cost of holding IAU. Gold Market Ignores Lower Dollar as Rate Hike Fears Build
• Negative Sentiment: Commerzbank downgraded its gold and silver outlook, warning that gold may struggle to hold the $4,000-per-ounce area and could face further selling while the Iran conflict continues. Analysts also expect gold to remain range-bound for several months if the Fed delays policy changes. Commerzbank Downgrades Gold and Silver Prices

iShares Gold Trust Price Performance

Shares of IAU stock opened at $75.70 on Wednesday. The stock has a market capitalization of $62.52 billion, a PE ratio of 5.53 and a beta of 0.18. The business’s 50 day simple moving average is $79.20 and its 200 day simple moving average is $86.74. iShares Gold Trust has a one year low of $61.60 and a one year 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).