REAP Financial Group LLC increased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 11,864.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 6,461 shares of the exchange traded fund’s stock after purchasing an additional 6,407 shares during the period. REAP Financial Group LLC’s holdings in iShares Gold Trust were worth $524,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of IAU. Brighton Jones LLC acquired a new stake in iShares Gold Trust during the fourth quarter worth approximately $1,864,000. Bison Wealth LLC lifted its position in iShares Gold Trust by 78.5% during the fourth quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock worth $831,000 after acquiring an additional 7,379 shares during the last quarter. AQR Capital Management LLC lifted its position in iShares Gold Trust by 47.0% during the first quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock worth $1,588,000 after acquiring an additional 8,609 shares during the last quarter. Glenview Trust co lifted its position in iShares Gold Trust by 9.7% during the second quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock worth $772,000 after acquiring an additional 1,095 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its position in iShares Gold Trust by 6.3% during the second quarter. Main Street Financial Solutions LLC now owns 36,817 shares of the exchange traded fund’s stock worth $2,296,000 after acquiring an additional 2,172 shares during the last quarter. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust News Summary
Here are the key news stories impacting iShares Gold Trust this week:
- Neutral Sentiment: Central banks returned to net gold buying in April, led by Poland and China, which supports long-term demand for bullion. Central banks buy net 17 tonnes of gold in April, led by Poland and China – WGC
- Neutral Sentiment: The European Central Bank said gold remains a key reserve asset, reinforcing gold’s role as a strategic store of value. Central banks see gold as the reserve asset of choice – ECB report
- Neutral Sentiment: Technical commentary suggests gold is nearing important support zones, with analysts watching for a breakdown or stabilization signal. Gold (XAU/USD) Price Forecast: Bearish Structure Tests Key Support Zones
- Neutral Sentiment: Gold is being pressured by stronger U.S. data, including a rising ISM Services PMI and higher job openings, which reduce the case for near-term rate cuts. Gold off session lows after ISM Services PMI rises to 54.5 in May
- Negative Sentiment: Rising Treasury yields, a firmer dollar, and renewed Fed hike fears are weighing on gold prices and hurting the ETF. Gold (XAU/USD) Price Forecast: Gold Price Falls as Fed Hike Fears Return
- Negative Sentiment: Oil strength and hawkish central bank expectations are adding pressure to precious metals, contributing to gold’s recent weakness. Gold and Silver Price Forecast: Oil Surge Pressures Gold Before Jobs Data
- Negative Sentiment: Kitco reported that gold and silver sold off as U.S.-Iran fighting, higher oil, and rising yields pressured non-yielding metals. Gold breaks $4,440 as U.S.-Iran fighting pressures markets – Kitco PM Report
iShares Gold Trust Stock Down 1.0%
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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