Simmons Bank raised its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 35.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,095 shares of the exchange traded fund’s stock after acquiring an additional 7,419 shares during the quarter. Simmons Bank’s holdings in iShares Gold Trust were worth $2,477,000 as of its most recent filing with the SEC.
Other institutional investors also recently made changes to their positions in the company. Fairway Wealth LLC grew its stake in shares of iShares Gold Trust by 525.0% during the 1st quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 252 shares during the period. Greenhouse Wealth Management LLC lifted its stake in shares of iShares Gold Trust by 1.4% in the first quarter. Greenhouse Wealth Management LLC now owns 25,546 shares of the exchange traded fund’s stock valued at $2,252,000 after purchasing an additional 350 shares during the period. SageGuard Financial Group LLC lifted its stake in shares of iShares Gold Trust by 69.3% in the first quarter. SageGuard Financial Group LLC now owns 79,200 shares of the exchange traded fund’s stock valued at $6,982,000 after purchasing an additional 32,418 shares during the period. North Star Investment Management Corp. boosted its holdings in iShares Gold Trust by 23.0% during the first quarter. North Star Investment Management Corp. now owns 4,281 shares of the exchange traded fund’s stock worth $377,000 after buying an additional 800 shares in the last quarter. Finally, First Financial Group Corp purchased a new stake in iShares Gold Trust during the first quarter worth about $335,000. 59.67% of the stock is currently owned by hedge funds and other institutional investors.
iShares Gold Trust Trading Down 0.0%
Shares of IAU opened at $75.51 on Wednesday. The firm’s 50-day moving average is $83.63 and its two-hundred day moving average is $87.58. iShares Gold Trust has a twelve month low of $61.60 and a twelve month high of $104.40. The firm has a market capitalization of $64.29 billion, a P/E ratio of 5.53 and a beta of 0.15.
Key Stories Impacting iShares Gold Trust
- Positive Sentiment: Several analysts and banks remain constructive on gold, with commentary from Goldman Sachs, Standard Chartered, and others arguing the recent selloff may be a buying opportunity and that central bank demand could push prices much higher over time. Gold is not done and sovereign demand will drive price up to $4,900/oz in 2026 – Goldman Sachs’ Dart
- Positive Sentiment: Central bank demand remains a major supportive theme, with an OMFIF survey indicating official institutions expect gold to trade much higher over the next 12 months and continue treating it as a strategic reserve asset. Central banks see gold prices trading between $5,000 and $6,000 in 12 months – OMFIF Survey
- Positive Sentiment: Technical analysts say gold may be stabilizing after testing support, with a bullish hammer pattern and repeated defense of the $4,000 area suggesting a possible short-term bottom. Gold (XAU/USD) Price Forecast: Bullish Hammer Signals Potential Bottom
- Neutral Sentiment: Gold rebounded intraday at points as traders looked for support near key technical levels, but the broader trend remains tied to rate expectations and the next U.S. jobs data. Gold Price Analysis – Gold Continues to See Support at 4K
- Negative Sentiment: Stronger U.S. labor data and firmer yields are pressuring gold lower, as markets focus more on Fed tightening risk than on safe-haven demand. Silver firms while gold fades as Fed risk caps rebound – Kitco PM Report
- Negative Sentiment: Recent headlines from banks and market watchers also note that the Fed’s hawkish pivot has prolonged gold’s correction, keeping pressure on bullion-backed funds like IAU. Fed turned a ‘pause in the structural bullish gold story’ into ‘a deeper freeze’ – J.P. Morgan’s Shearer
iShares Gold Trust 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).
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