BCGM Wealth Management LLC Lowers Holdings in iShares Gold Trust $IAU

BCGM Wealth Management LLC trimmed its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 61.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,086 shares of the exchange traded fund’s stock after selling 43,252 shares during the period. BCGM Wealth Management LLC’s holdings in iShares Gold Trust were worth $2,388,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of IAU. Merkkuri Wealth Advisors LLC acquired a new stake in shares of iShares Gold Trust during the 1st quarter worth approximately $26,000. Fairway Wealth LLC lifted its stake in shares of iShares Gold Trust by 525.0% in the 1st 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. acquired a new position in shares of iShares Gold Trust in the 4th quarter valued at $25,000. Rossby Financial LCC lifted its stake in shares of iShares Gold Trust by 75.7% in the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 140 shares during the period. Finally, Monetary Solutions Ltd purchased a new stake in iShares Gold Trust during the fourth quarter worth $26,000. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting iShares Gold Trust

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

• Negative Sentiment: Gold prices slid as firmer U.S. Treasury yields and a stronger dollar offset support from softer inflation data, pressuring the iShares Gold Trust. Gold and silver fall as Fed-rate relief fades after data – Kitco AM Report
• Negative Sentiment: Better-than-expected U.S. labor and manufacturing data, including weekly jobless claims and the Philly Fed survey, reduced expectations for near-term Fed easing and pushed gold lower. Spot gold slides to session low $3.999/oz after Philly Fed survey rises to 41.4 in July
• Negative Sentiment: Gold is struggling to hold the $4,000 level as resilient consumer spending and improving economic data are limiting safe-haven demand. Gold price struggling as U.S. retail sales rise 0.2% in June
• Neutral Sentiment: Some strategists still see the longer-term gold bull trend as intact despite the current correction, suggesting the recent weakness may be a pause rather than a full reversal. Gold’s Pullback Doesn’t Mean the Bull Market Is Over
• Neutral Sentiment: Bank of America said gold could fall further in the short term, but views lower prices as a buying opportunity, which may help support the ETF if the decline continues. Gold prices can go lower, but Bank of America suggests buying the dip and averaging down
• Positive Sentiment: Longer-term bullish commentary remains supportive, with Fidelity’s Samson saying gold could re-enter a bull market in 2027 and that investors may eventually move back to overweight positions. ‘We have a plan to go overweight gold again’ – Fidelity’s Samson predicts return to bull market in 2027

iShares Gold Trust Stock Performance

IAU stock opened at $74.80 on Friday. The firm has a market cap of $61.78 billion, a PE ratio of 5.53 and a beta of 0.18. The firm’s fifty day moving average is $80.96 and its 200 day moving average is $87.09. iShares Gold Trust has a one year low of $61.60 and a one year high of $104.40.

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).