Huntington National Bank lowered its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 4.7% during the fourth quarter, Holdings Channel reports. The firm owned 203,391 shares of the exchange traded fund’s stock after selling 9,922 shares during the period. Huntington National Bank’s holdings in iShares Gold Trust were worth $16,509,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Abich Financial Wealth Management LLC bought a new position in shares of iShares Gold Trust during the 3rd quarter valued at $25,000. Gables Capital Management Inc. boosted its holdings in shares of iShares Gold Trust by 173.1% during the 4th quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 225 shares during the period. Dakota Community Bank & Trust NA bought a new position in iShares Gold Trust in the 4th quarter worth $30,000. Fourth Dimension Wealth LLC raised its holdings in iShares Gold Trust by 436.3% in the 3rd 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. Finally, Measured Wealth Private Client Group LLC bought a new position in iShares Gold Trust in the 3rd quarter worth $31,000. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Price Performance
Shares of IAU opened at $84.59 on Friday. The company has a market capitalization of $72.02 billion, a PE ratio of 5.53 and a beta of 0.16. iShares Gold Trust has a one year low of $61.37 and a one year high of $104.40. The company’s fifty day moving average price is $87.24 and its 200 day moving average price is $87.33.
iShares Gold Trust News Summary
- Positive Sentiment: Gold rebounded late Thursday as weaker U.S. growth data and softer dollar conditions helped offset inflation and geopolitical worries, improving near-term support for gold-linked assets like IAU. Gold rebounds as weak GDP offsets Hormuz risk – Kitco PM Report
- Positive Sentiment: Disappointing U.S. labor and housing data, including higher jobless claims and weaker new-home sales, has reinforced expectations that the Federal Reserve could eventually cut rates, which is generally supportive for gold. Gold price finding new support as U.S. New home sales drop 6.2% in April
- Positive Sentiment: Several analysts say gold may be bottoming near technical support, with bullish reversal signals building around the 200-day moving average, suggesting the recent selloff may be stabilizing. Gold (XAU/USD) Price Forecast: Reversal Signals Build Near 200-Day
- Neutral Sentiment: Short interest in iShares Gold Trust fell sharply in May, which may reduce bearish pressure on the ETF, but it is not a direct fundamental catalyst for gold prices.
- Negative Sentiment: Gold has also faced pressure from a stronger U.S. dollar and rising bond yields, which reduce the appeal of non-yielding assets and have weighed on the metal at times this week. Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds in Week 8 – Gold Breaks $4,500, Silver Drops to $73.42?
- Negative Sentiment: UBS cut its 2026 gold price forecast, citing persistent headwinds from elevated Treasury yields and dollar strength, which could limit upside for IAU if those conditions continue. UBS lowers 2026 gold price forecast to $5,500/oz: ‘Markets are rediscovering the concept of opportunity cost’
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).
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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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