Kaydan Wealth Management Inc. decreased its position in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 3.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 431,597 shares of the exchange traded fund’s stock after selling 14,466 shares during the period. iShares Gold Trust comprises about 10.1% of Kaydan Wealth Management Inc.’s investment portfolio, making the stock its 2nd biggest holding. Kaydan Wealth Management Inc. owned 0.05% of iShares Gold Trust worth $35,033,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC acquired a new stake in iShares Gold Trust during the third quarter valued at $25,000. Mountain Hill Investment Partners Corp. acquired a new position in iShares Gold Trust during the third quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares Gold Trust in the third quarter valued at approximately $31,000. Fourth Dimension Wealth LLC raised its position in shares of iShares Gold Trust by 436.3% in the third quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 349 shares during the period. Finally, SOA Wealth Advisors LLC. lifted its stake in shares of iShares Gold Trust by 230.0% in the third quarter. SOA Wealth Advisors LLC. now owns 462 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 322 shares during the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.
iShares Gold Trust Trading Down 0.0%
NYSEARCA IAU opened at $82.76 on Wednesday. iShares Gold Trust has a 1 year low of $55.78 and a 1 year high of $104.40. The company has a fifty day simple moving average of $93.51 and a 200 day simple moving average of $83.01. The company has a market cap of $69.88 billion, a P/E ratio of 5.53 and a beta of 0.09.
iShares Gold Trust News Roundup
- Positive Sentiment: Tether announces a Big‑Four full audit as its gold holdings scale up — this could boost confidence and incremental demand for physical/allocated gold. With gold holdings reaching sovereign scale, Tether announces first full audit by ‘Big Four’ firm
- Positive Sentiment: BMO says the bull rally is only paused (not over) — a constructive institutional view that could attract dip buyers into IAU. BMO says gold’s bull rally not over, only paused during the Iran war
- Positive Sentiment: WisdomTree CEO cites a long‑term allocation case for gold (~12% under a Bogle‑style market cap target) — supports structural demand narrative for bullion ETFs like IAU. Based on Jack Bogle’s market cap target, ‘gold would be about 12% of your portfolio’ – WisdomTree CEO Steinberg
- Neutral Sentiment: Technical setup: gold bounced off 200‑day support and is consolidating — could produce a breakout if risk flows change. Traders are watching for confirmation. Gold (XAU/USD) Price Forecast: 200-Day Support Fuels Bullish Reversal
- Neutral Sentiment: Intraday chop and modest gains at times — markets remain sensitive to daily headlines (rates, war updates), so short‑term moves may be volatile rather than trend‑defining. Gold sees modest gains in choppy, 2-sided trade
- Negative Sentiment: Deepening selloff / bear market headlines — multiple outlets report gold extending a sharp multi‑week decline as investors flee safe‑haven metals, pressuring IAU. Gold sinks deeper into bear market territory as sell-off extends
- Negative Sentiment: Higher US yields, stronger dollar and hawkish Fed messaging are cited repeatedly as the main fundamental headwinds reducing gold demand. Gold (XAU) Silver (XAG) Daily Forecast: Iran War Fears vs. Fed Hawks – Metals at Edge?
- Negative Sentiment: Liquidity‑driven selling tied to an Iran‑related credit squeeze and possible central‑bank sales have magnified the downturn — analysts warn forced selling can overshoot fundamentals. Gold flushes ‘weak hands’ amid $2 trillion credit squeeze, bond market warnings
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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