Nottingham Advisors Inc. lessened its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 10.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 80,317 shares of the exchange traded fund’s stock after selling 9,398 shares during the quarter. iShares Gold Trust accounts for approximately 0.9% of Nottingham Advisors Inc.’s holdings, making the stock its 25th largest position. Nottingham Advisors Inc.’s holdings in iShares Gold Trust were worth $7,081,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Godfrey Financial Associates Inc. bought a new stake in iShares Gold Trust in the 4th quarter valued at $25,000. Rossby Financial LCC boosted its holdings in shares of iShares Gold Trust by 75.7% during the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 140 shares during the last quarter. Monetary Solutions Ltd bought a new position in shares of iShares Gold Trust during the 4th quarter valued at about $26,000. Gables Capital Management Inc. grew its position in shares of iShares Gold Trust by 173.1% during the fourth quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 225 shares in the last quarter. Finally, Motiv8 Investments LLC purchased a new position in shares of iShares Gold Trust during the fourth quarter valued at about $29,000. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Trading Down 1.9%
Shares of IAU stock opened at $77.33 on Wednesday. The stock has a market capitalization of $65.83 billion, a price-to-earnings 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. The stock’s 50-day moving average price is $85.10 and its 200-day moving average price is $87.71.
Key iShares Gold Trust News
- 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
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).
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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
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