Mizuho Bank Ltd. Makes New Investment in iShares Gold Trust $IAU

Mizuho Bank Ltd. purchased a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,660,000 shares of the exchange traded fund’s stock, valued at approximately $120,798,000. iShares Gold Trust comprises about 13.4% of Mizuho Bank Ltd.’s portfolio, making the stock its 4th largest position. Mizuho Bank Ltd. owned about 0.20% of iShares Gold Trust as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its stake in shares of iShares Gold Trust by 47.7% in the third quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock worth $1,493,292,000 after purchasing an additional 6,623,876 shares during the last quarter. Citigroup Inc. raised its position in iShares Gold Trust by 809.1% during the 2nd quarter. Citigroup Inc. now owns 5,108,818 shares of the exchange traded fund’s stock worth $318,586,000 after purchasing an additional 4,546,835 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Gold Trust by 67.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,919,614 shares of the exchange traded fund’s stock worth $680,947,000 after buying an additional 4,398,605 shares during the period. Prudential Financial Inc. lifted its holdings in iShares Gold Trust by 2,152.7% during the 2nd quarter. Prudential Financial Inc. now owns 3,494,106 shares of the exchange traded fund’s stock worth $217,892,000 after buying an additional 3,339,000 shares during the period. Finally, Packer & Co Ltd bought a new stake in shares of iShares Gold Trust in the 3rd quarter valued at about $156,463,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.5%

Shares of IAU stock opened at $96.98 on Friday. The stock has a market cap of $81.89 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. The stock has a 50-day moving average of $91.55 and a 200-day moving average of $80.65. iShares Gold Trust has a 1-year low of $54.34 and a 1-year high of $104.40.

iShares Gold Trust News Summary

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

• Positive Sentiment: Weak U.S. payrolls and other downbeat economic data have boosted safe‑haven demand for gold, supporting flows into gold ETFs such as IAU. Read More.
• Positive Sentiment: Missed Non‑Farm Payrolls and weaker retail figures prompted short‑term rebounds in bullion, which tends to raise demand for physically backed ETFs. Read More.
• Neutral Sentiment: Geopolitical tensions (U.S.–Iran conflict) are keeping volatility elevated for gold — that can support intermittent safe‑haven flows but has delivered uneven impulses, so the net effect on IAU is mixed. Read More.
• Negative Sentiment: Multiple technical reports flag bearish wedge breakouts and measured‑move downside targets — technical pressure could trigger short‑term selling in IAU if key support levels fail. Read More.
• Negative Sentiment: Rising oil prices are reviving inflation fears but are also lifting real yields and sustaining a stronger dollar narrative that reduces near‑term gold appeal—this combination can cap upside for IAU until Fed rate‑cut expectations normalize. Read More.
• Negative Sentiment: Reports that a large sovereign buyer may sell gold to fund defense spending introduce potential supply pressure that could weigh on the market and on gold ETFs if realized. Read More.

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).