ICONIQ Capital LLC Sells 5,948 Shares of iShares Gold Trust $IAU

ICONIQ Capital LLC trimmed its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 24.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,779 shares of the exchange traded fund’s stock after selling 5,948 shares during the quarter. ICONIQ Capital LLC’s holdings in iShares Gold Trust were worth $1,367,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC purchased a new stake in shares of iShares Gold Trust during the 4th quarter valued at $1,864,000. Bison Wealth LLC raised its stake in shares of iShares Gold Trust by 78.5% during the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after purchasing an additional 7,379 shares during the period. AQR Capital Management LLC boosted its holdings in shares of 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 last quarter. MJP Associates Inc. ADV purchased a new position in shares of iShares Gold Trust in the 2nd quarter worth about $211,000. Finally, Avantax Advisory Services Inc. grew its position in iShares Gold Trust by 7.9% during the second quarter. Avantax Advisory Services Inc. now owns 341,605 shares of the exchange traded fund’s stock valued at $21,302,000 after buying an additional 24,889 shares during the period. 59.67% of the stock is currently owned by institutional investors.

Key iShares Gold Trust News

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

• Positive Sentiment: Stagflation risk (Q4 GDP +0.7%) is cited as a potential tailwind for gold as an inflation/real‑rate hedge, supporting IAU on longer-term risk. Gold faces perfect stagflation storm
• Positive Sentiment: Preliminary U.S. consumer sentiment fell and one‑year inflation expectations rose — higher inflation expectations can underpin demand for gold as an inflation hedge. Spot gold at $5,100/oz after preliminary Consumer Sentiment falls
• Positive Sentiment: Analysts note dip-buying and safe‑haven flows tied to geopolitical tensions are providing intermittent support, limiting deeper declines in spot gold and IAU. Gold Price Analysis – Gold Continues to See Support on Dips
• Neutral Sentiment: Some strategists argue gold miners could rally even if bullion stalls; that’s more relevant to miners’ equities than to IAU (a bullion ETF), so impact on IAU is indirect. Gold miners could double even if bullion stalls
• Neutral Sentiment: Weekly macro/market commentary stresses that rates, central bank policy, and geopolitical risk will keep gold choppy — expect volatility but mixed short‑term directional signals for IAU. Gold Weekly Price Analysis
• Negative Sentiment: Kitco reports a liquidity squeeze that has boosted the U.S. dollar ahead of the Fed meeting, which pressures gold prices and is a primary reason IAU is down. Gold under pressure as liquidity crunch boosts dollar ahead of Fed meeting
• Negative Sentiment: Multiple technical studies point to bearish setups (bear flag, rising‑wedge breakdown) that target lower levels for spot gold; technical momentum is contributing to selling pressure in IAU. Gold Price Forecast: Bear Flag Signals Potential Downside Targets
• Negative Sentiment: Broader theme: a stronger U.S. dollar and rising Treasury yields are capping gold’s upside; several reports link gold weakness to USDX rallies and higher yields, which weigh directly on IAU. Gold, silver down as USDX rallies, bond yields rise

iShares Gold Trust Stock Performance

NYSEARCA IAU opened at $94.38 on Monday. iShares Gold Trust has a 52-week low of $55.78 and a 52-week high of $104.40. The company has a 50-day simple moving average of $93.05 and a 200 day simple moving average of $81.93. The company has a market capitalization of $79.69 billion, a PE ratio of 5.53 and a beta of 0.09.

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).