Green Ridge Wealth Planning LLC Sells 19,203 Shares of iShares Gold Trust $IAU

Green Ridge Wealth Planning LLC decreased its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 62.5% during the second quarter, HoldingsChannel.com reports. The fund owned 11,530 shares of the exchange traded fund’s stock after selling 19,203 shares during the period. Green Ridge Wealth Planning LLC’s holdings in iShares Gold Trust were worth $871,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in IAU. Wills Financial Group LLC grew its stake in iShares Gold Trust by 9.8% in the 4th quarter. Wills Financial Group LLC now owns 147,134 shares of the exchange traded fund’s stock valued at $11,943,000 after buying an additional 13,093 shares during the last quarter. Hudson Oak Wealth Advisory LLC bought a new position in iShares Gold Trust in the 4th quarter worth $1,725,000. Mirae Asset Global Investments Co. Ltd. lifted its position in iShares Gold Trust by 13.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 829,366 shares of the exchange traded fund’s stock worth $67,320,000 after acquiring an additional 97,852 shares during the last quarter. Howard Capital Management Inc. lifted its position in iShares Gold Trust by 9.8% during the 4th quarter. Howard Capital Management Inc. now owns 70,361 shares of the exchange traded fund’s stock worth $5,711,000 after acquiring an additional 6,305 shares during the last quarter. Finally, Systelligence LLC boosted its holdings in iShares Gold Trust by 43.5% during the fourth quarter. Systelligence LLC now owns 92,387 shares of the exchange traded fund’s stock valued at $7,499,000 after acquiring an additional 28,019 shares during the period. 59.67% of the stock is owned by institutional investors.

More iShares Gold Trust News

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

• Positive Sentiment: U.S. employers reportedly cut 23,000 jobs in July, substantially missing expectations. The soft data increased bets on a more dovish Fed and helped gold advance toward $4,350 an ounce. Gold prices surging higher as U.S. economy loses 23k jobs in July
• Positive Sentiment: Lower Treasury yields and a weaker dollar are supporting precious metals, while traders are positioning for easier monetary policy. Investors have also purchased roughly $180 million in bullish gold call options, signaling renewed optimism. Gold rallies as traders bet on dovish Fed
• Positive Sentiment: The People’s Bank of China extended its gold-buying streak to 21 consecutive months, with its latest purchase the largest since 2023. Persistent central-bank demand provides fundamental support for gold and IAU. PBOC boosts gold buying
• Positive Sentiment: Gold-backed ETFs recorded net inflows in July, ending two months of outflows, suggesting institutional and retail investors are beginning to return to the asset class. Gold market sees positive ETF inflows in July
• Neutral Sentiment: Technical analysts view the breakout as constructive, but gold faces resistance around $4,382–$4,392 and higher targets near $4,494 or $4,500 could prove difficult without sustained momentum. Gold price forecast: breakout builds toward key resistance
• Negative Sentiment: Some investors took profits when oil prices, Treasury yields and the dollar strengthened, creating a short-term risk of pullback for gold and IAU. A new study also questions gold’s reliability as a direct inflation hedge. Investors take profits in gold and silver

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU opened at $81.68 on Friday. The company has a market cap of $67.46 billion, a P/E ratio of 5.53 and a beta of 0.18. The stock’s 50-day moving average is $78.09 and its 200-day moving average is $86.28. iShares Gold Trust has a 52-week low of $62.48 and a 52-week high of $104.40.

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).