First Trust Advisors LP Sells 11,570 Shares of iShares Gold Trust $IAU

First Trust Advisors LP trimmed its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 34.0% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 22,478 shares of the exchange traded fund’s stock after selling 11,570 shares during the quarter. First Trust Advisors LP’s holdings in iShares Gold Trust were worth $1,982,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of IAU. Schmidt P J Investment Management Inc. lifted its holdings in iShares Gold Trust by 1.1% during the fourth quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock worth $760,000 after buying an additional 106 shares during the period. Haverford Trust Co increased its holdings in shares of iShares Gold Trust by 3.4% in the 4th quarter. Haverford Trust Co now owns 3,617 shares of the exchange traded fund’s stock valued at $294,000 after acquiring an additional 120 shares during the period. Evolution Wealth Management Inc. increased its holdings in shares of iShares Gold Trust by 40.3% in the 1st quarter. Evolution Wealth Management Inc. now owns 432 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 124 shares during the period. Brooks Moore & Associates Inc. increased its holdings in shares of iShares Gold Trust by 2.1% in the 4th quarter. Brooks Moore & Associates Inc. now owns 6,076 shares of the exchange traded fund’s stock valued at $493,000 after acquiring an additional 125 shares during the period. Finally, SmartHarvest Portfolios LLC raised its position in shares of iShares Gold Trust by 2.0% in the 1st quarter. SmartHarvest Portfolios LLC now owns 6,485 shares of the exchange traded fund’s stock worth $572,000 after acquiring an additional 129 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 2.3%

IAU opened at $81.68 on Friday. The firm has a market cap of $67.46 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a 12 month low of $62.48 and a 12 month high of $104.40. The stock has a fifty day moving average price of $78.09 and a 200-day moving average price of $86.28.

iShares Gold Trust News Summary

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

• Positive Sentiment: U.S. employers reportedly cut 23,000 jobs in July, substantially missing expectations. The soft data increased bets on a more dovish Fed and helped gold advance toward $4,350 an ounce. Gold prices surging higher as U.S. economy loses 23k jobs in July
• Positive Sentiment: Lower Treasury yields and a weaker dollar are supporting precious metals, while traders are positioning for easier monetary policy. Investors have also purchased roughly $180 million in bullish gold call options, signaling renewed optimism. Gold rallies as traders bet on dovish Fed
• Positive Sentiment: The People’s Bank of China extended its gold-buying streak to 21 consecutive months, with its latest purchase the largest since 2023. Persistent central-bank demand provides fundamental support for gold and IAU. PBOC boosts gold buying
• Positive Sentiment: Gold-backed ETFs recorded net inflows in July, ending two months of outflows, suggesting institutional and retail investors are beginning to return to the asset class. Gold market sees positive ETF inflows in July
• Neutral Sentiment: Technical analysts view the breakout as constructive, but gold faces resistance around $4,382–$4,392 and higher targets near $4,494 or $4,500 could prove difficult without sustained momentum. Gold price forecast: breakout builds toward key resistance
• Negative Sentiment: Some investors took profits when oil prices, Treasury yields and the dollar strengthened, creating a short-term risk of pullback for gold and IAU. A new study also questions gold’s reliability as a direct inflation hedge. Investors take profits in gold and silver

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).