Osborne Partners Capital Management LLC Sells 55,470 Shares of iShares Gold Trust $IAU

Osborne Partners Capital Management LLC cut its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 31.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 120,637 shares of the exchange traded fund’s stock after selling 55,470 shares during the quarter. Osborne Partners Capital Management LLC’s holdings in iShares Gold Trust were worth $10,635,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of IAU. Merkkuri Wealth Advisors LLC bought a new stake in iShares Gold Trust in the first quarter valued at $26,000. Fairway Wealth LLC raised its holdings in shares of iShares Gold Trust by 525.0% during the first quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 252 shares during the period. Godfrey Financial Associates Inc. bought a new position in shares of iShares Gold Trust during the 4th quarter worth about $25,000. Rossby Financial LCC boosted its position in shares of iShares Gold Trust by 75.7% during the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 140 shares in the last quarter. Finally, Monetary Solutions Ltd acquired a new stake in shares of iShares Gold Trust in the 4th quarter valued at about $26,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Price Performance

Shares of IAU opened at $77.51 on Friday. iShares Gold Trust has a one year low of $61.60 and a one year high of $104.40. The company has a market cap of $64.02 billion, a PE ratio of 5.53 and a beta of 0.18. The stock has a 50-day moving average of $82.89 and a 200-day moving average of $87.46.

iShares Gold Trust News Roundup

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

• Positive Sentiment: Gold prices jumped after the softer U.S. employment data, boosting demand for gold-backed ETFs like IAU as rate-cut hopes and lower yields improved the appeal of non-yielding assets. Gold nears $4,200 as dollar slips after weak jobs data – Kitco AM Report
• Positive Sentiment: Market commentary pointed to central bank buying, ETF inflows, and diversification demand as ongoing structural support for gold, reinforcing the bullish case for IAU. Central banks boost gold reserves with net 41 tonnes purchased in May – World Gold Council
• Positive Sentiment: Several strategists said gold’s recovery above key technical levels signals stabilization and leaves room for further upside if the recent rebound continues. Gold (XAU/USD) Price Forecast: Above Trendline Signals Recovery
• Neutral Sentiment: Reports noted that holiday-weekend trading has been thin, which can exaggerate price moves but does not change the broader gold thesis. Gold Weekly Price Analysis – Gold Extends Weekly Gains as Weak Thursday Jobs Fuel Cut Bets
• Negative Sentiment: Some analysts warned that high U.S. interest rates and a stronger dollar can still cap gold’s upside, limiting how far IAU can run if macro conditions reverse. ‘We anticipate further upside for gold by year-end’ – HSBC’s Sels and Ku

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).