PNC Financial Services Group Inc. Purchases 83,372 Shares of iShares Gold Trust $IAU

PNC Financial Services Group Inc. boosted its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 7.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,212,671 shares of the exchange traded fund’s stock after acquiring an additional 83,372 shares during the period. PNC Financial Services Group Inc. owned about 0.15% of iShares Gold Trust worth $88,246,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in IAU. MTM Investment Management LLC purchased a new position in iShares Gold Trust during the second quarter valued at approximately $25,000. Abich Financial Wealth Management LLC purchased a new position in shares of iShares Gold Trust in the 3rd quarter valued at $25,000. Key Financial Inc bought a new position in shares of iShares Gold Trust in the 2nd quarter worth $28,000. Mountain Hill Investment Partners Corp. purchased a new stake in shares of iShares Gold Trust during the 3rd quarter worth $29,000. Finally, Traub Capital Management LLC bought a new stake in iShares Gold Trust during the second quarter valued at about $31,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

Key iShares Gold Trust News

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

• Positive Sentiment: Cooling U.S. inflation data and CPI expectations lifted precious metals sentiment, underpinning safe-haven demand for gold and supporting ETFs like IAU. Gold prices testing resistance just below $5,000 as US inflation cools in January
• Positive Sentiment: Technical setups show strength: price action is forming higher swing highs and is supported by key moving averages and pattern targets — a bullish technical case that can attract trend-following flows into IAU. Gold (XAU/USD) Price Forecast: Strength Emerging Above Key Support
• Positive Sentiment: Chinese retail/speculative demand and fast-growing gold-backed ETF holdings in China are adding structural buying pressure to the global gold complex, supporting ETF flows into vehicles such as IAU. How China’s ‘unruly’ speculators might be fueling the frenzy in gold market
• Neutral Sentiment: Macro outlooks flag a softer dollar (DXY weakness) as a structural tailwind for gold through 2026, which supports the case for longer-term ETF allocations but doesn’t guarantee short-term direction. 2026 Market Outlook: DXY Weakness, Gold’s New Floor, and Bitcoin Consolidation
• Neutral Sentiment: Market commentators stress CPI will dictate the next leg for gold — that keeps short-term direction data-dependent and increases headline-driven trading in IAU. Gold Climbs Toward $5,000. Inflation Data Will Dictate the Next Move.
• Negative Sentiment: Recent intraday sell-offs and a rapid commodity unwind (including a 3% gold plunge earlier) highlight high intraday volatility that can prompt outflows from ETFs and hurt IAU if volatility spikes. Gold, silver sell off rapidly; reasons are unknown
• Negative Sentiment: Prospects of a prolonged Fed pause or shifting rate-expectations can reduce the opportunity cost advantage of non-yielding gold, a headwind for gold ETFs if rate narratives firm up. Gold Falls on Prospects of Long Fed Pause
• Negative Sentiment: Analysts warn that hotter-than-expected CPI or stronger dollar moves could trigger renewed selling and short-term pressure on gold and IAU. Gold (XAUUSD) Price Forecast: Will US CPI Trigger a Break Above $5,100?

iShares Gold Trust Stock Performance

IAU stock opened at $94.75 on Monday. iShares Gold Trust has a one year low of $53.44 and a one year high of $104.40. The firm has a market cap of $80.00 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. The firm has a 50-day simple moving average of $87.22 and a two-hundred day simple moving average of $77.27.

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).