PNC Financial Services Group Inc. Raises Stock Position in iShares Gold Trust $IAU

PNC Financial Services Group Inc. grew its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,261,497 shares of the exchange traded fund’s stock after acquiring an additional 48,826 shares during the period. PNC Financial Services Group Inc. owned about 0.15% of iShares Gold Trust worth $102,396,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Schmidt P J Investment Management Inc. boosted its position 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 purchasing an additional 106 shares in the last quarter. Foster Group Inc. increased its position in shares of iShares Gold Trust by 2.4% in the fourth quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock valued at $416,000 after buying an additional 120 shares in the last quarter. Two West Capital Advisors LLC raised its stake in shares of iShares Gold Trust by 1.9% during the 4th quarter. Two West Capital Advisors LLC now owns 7,035 shares of the exchange traded fund’s stock worth $571,000 after buying an additional 132 shares during the last quarter. Focused Wealth Management Inc raised its stake in shares of iShares Gold Trust by 3.4% during the 4th quarter. Focused Wealth Management Inc now owns 4,063 shares of the exchange traded fund’s stock worth $330,000 after buying an additional 132 shares during the last quarter. Finally, PUREfi Wealth LLC boosted its position in shares of iShares Gold Trust by 1.6% in the 4th quarter. PUREfi Wealth LLC now owns 8,861 shares of the exchange traded fund’s stock worth $719,000 after buying an additional 141 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.4%

Shares of NYSEARCA IAU opened at $85.53 on Thursday. The company’s 50-day moving average price is $88.56 and its 200 day moving average price is $86.92. iShares Gold Trust has a 52 week low of $61.37 and a 52 week high of $104.40. The stock has a market cap of $72.82 billion, a price-to-earnings ratio of 5.53 and a beta of 0.16.

More iShares Gold Trust News

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

• Positive Sentiment: Gold bounced as U.S. Treasury yields eased and oil prices pulled back, improving sentiment for precious metals and supporting gold-linked assets like IAU. Gold, silver rebound as yields ease, Hormuz risk premium narrows – Kitco AM Report
• Positive Sentiment: Several analysts said gold’s medium-term uptrend remains intact, with forecasts calling for much higher prices over the next year if rates stop rising and fund flows stay strong. Gold’s rally will resume after Iran war, with price reaching $5,400/oz by H1 2027 – Lombard Odier
• Positive Sentiment: Gold also found support from weaker oil markets, which boosted demand for precious metals as inflation and macro uncertainty remained in focus. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Oil Markets Dive 5.5%
• Positive Sentiment: Goldman Sachs said central banks have been buying more gold than expected and sees sovereign demand staying elevated through 2026, a constructive signal for bullion-backed funds. Central banks are buying more gold than expected, and purchases will increase further through 2026 – Goldman Sachs
• Neutral Sentiment: Some technical analysts warned that gold remains in a short-term corrective phase after breaking below key levels, suggesting volatility could continue even if the longer-term outlook stays favorable. Gold (XAU/USD) Price Forecast: Bearish Correction Tests Key Support Zones
• Negative Sentiment: Rising bond yields and a stronger U.S. dollar pressured gold at times, with analysts warning that a break of key support could leave bullion vulnerable to further downside. Gold price faces downside risk on break of 200-DMA and $4,350 critical support – Societe Generale

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).