Kaydan Wealth Management Inc. reduced its holdings in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 3.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 431,597 shares of the exchange traded fund’s stock after selling 14,466 shares during the period. iShares Gold Trust accounts for approximately 10.1% of Kaydan Wealth Management Inc.’s portfolio, making the stock its 2nd largest position. Kaydan Wealth Management Inc.’s holdings in iShares Gold Trust were worth $35,033,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of IAU. Abich Financial Wealth Management LLC bought a new stake in shares of iShares Gold Trust in the third quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. bought a new position in iShares Gold Trust during the third quarter worth $29,000. Fourth Dimension Wealth LLC increased its position in iShares Gold Trust by 436.3% during the third quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 349 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in iShares Gold Trust during the 3rd quarter valued at $31,000. Finally, SOA Wealth Advisors LLC. raised its stake in iShares Gold Trust by 230.0% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 462 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 322 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting iShares Gold Trust
Here are the key news stories impacting iShares Gold Trust this week:
- 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
iShares Gold Trust Price Performance
iShares Gold Trust Company 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).
See Also
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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