Mizuho Bank Ltd. Invests $120.80 Million in iShares Gold Trust $IAU

Mizuho Bank Ltd. bought a new stake in iShares Gold Trust (NYSEARCA:IAU) during the 3rd quarter, HoldingsChannel reports. The firm bought 1,660,000 shares of the exchange traded fund’s stock, valued at approximately $120,798,000. iShares Gold Trust makes up 13.4% of Mizuho Bank Ltd.’s investment portfolio, making the stock its 4th largest position.

Other institutional investors have also bought and sold shares of the company. Abich Financial Wealth Management LLC bought a new position in shares of iShares Gold Trust in the 3rd quarter worth about $25,000. MTM Investment Management LLC bought a new stake in shares of iShares Gold Trust during the 2nd quarter valued at about $25,000. Mountain Hill Investment Partners Corp. acquired a new stake in iShares Gold Trust during the third quarter worth approximately $29,000. Fourth Dimension Wealth LLC increased its holdings in iShares Gold Trust by 436.3% in the third quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 349 shares in the last quarter. Finally, SOA Wealth Advisors LLC. increased its holdings in iShares Gold Trust by 230.0% in the third quarter. SOA Wealth Advisors LLC. now owns 462 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 322 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Performance

Shares of IAU opened at $96.98 on Friday. The firm has a market cap of $81.89 billion, a PE ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52-week low of $54.34 and a 52-week high of $104.40. The business’s 50 day moving average price is $91.55 and its two-hundred day moving average price is $80.65.

Key iShares Gold Trust News

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

• Positive Sentiment: Weak U.S. payrolls and other downbeat economic data have boosted safe‑haven demand for gold, supporting flows into gold ETFs such as IAU. Read More.
• Positive Sentiment: Missed Non‑Farm Payrolls and weaker retail figures prompted short‑term rebounds in bullion, which tends to raise demand for physically backed ETFs. Read More.
• Neutral Sentiment: Geopolitical tensions (U.S.–Iran conflict) are keeping volatility elevated for gold — that can support intermittent safe‑haven flows but has delivered uneven impulses, so the net effect on IAU is mixed. Read More.
• Negative Sentiment: Multiple technical reports flag bearish wedge breakouts and measured‑move downside targets — technical pressure could trigger short‑term selling in IAU if key support levels fail. Read More.
• Negative Sentiment: Rising oil prices are reviving inflation fears but are also lifting real yields and sustaining a stronger dollar narrative that reduces near‑term gold appeal—this combination can cap upside for IAU until Fed rate‑cut expectations normalize. Read More.
• Negative Sentiment: Reports that a large sovereign buyer may sell gold to fund defense spending introduce potential supply pressure that could weigh on the market and on gold ETFs if realized. Read More.

iShares Gold Trust Company 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).