Mainstay Capital Management LLC ADV Sells 577,375 Shares of iShares Gold Trust $IAU

Mainstay Capital Management LLC ADV lessened its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 43.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 751,768 shares of the exchange traded fund’s stock after selling 577,375 shares during the period. iShares Gold Trust comprises approximately 5.5% of Mainstay Capital Management LLC ADV’s investment portfolio, making the stock its 7th largest holding. Mainstay Capital Management LLC ADV’s holdings in iShares Gold Trust were worth $54,706,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Evolution Wealth Advisors LLC increased its position in shares of iShares Gold Trust by 1.5% during the 3rd quarter. Evolution Wealth Advisors LLC now owns 8,875 shares of the exchange traded fund’s stock worth $646,000 after purchasing an additional 135 shares during the last quarter. Axecap Investments LLC boosted its holdings in shares of iShares Gold Trust by 1.0% in the 3rd quarter. Axecap Investments LLC now owns 14,316 shares of the exchange traded fund’s stock valued at $1,042,000 after buying an additional 137 shares during the last quarter. Aspiriant LLC boosted its holdings in shares of iShares Gold Trust by 1.8% in the 3rd quarter. Aspiriant LLC now owns 7,854 shares of the exchange traded fund’s stock valued at $572,000 after buying an additional 138 shares during the last quarter. Sincerus Advisory LLC grew its stake in shares of iShares Gold Trust by 2.8% in the third quarter. Sincerus Advisory LLC now owns 5,184 shares of the exchange traded fund’s stock valued at $377,000 after buying an additional 143 shares in the last quarter. Finally, First National Trust Co grew its stake in shares of iShares Gold Trust by 0.9% in the third quarter. First National Trust Co now owns 15,541 shares of the exchange traded fund’s stock valued at $1,131,000 after buying an additional 144 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Down 3.1%

Shares of IAU opened at $91.12 on Thursday. The company’s fifty day simple moving average is $93.60 and its 200 day simple moving average is $82.40. iShares Gold Trust has a 1-year low of $55.78 and a 1-year high of $104.40. The company has a market cap of $76.94 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09.

Trending Headlines about iShares Gold Trust

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

• Positive Sentiment: An institutional filer (Advisory Services Network LLC) disclosed a purchase of 35,018 IAU shares, indicating some buy-side interest from an investor. Article Title
• Neutral Sentiment: Coverage shows mixed analyst views — some see more upside for gold longer-term while others warn the trade is overcrowded; this produces range-bound flows into gold products like IAU. Article Title
• Neutral Sentiment: A consumer-facing guide on Gold IRAs highlights wide fee dispersion on physical-gold products — this can push some retirement flows toward low-cost ETFs such as IAU, but the net effect is mixed. Article Title
• Negative Sentiment: Gold has broken below its 50‑day moving average and bearish momentum is intensifying in technicals, increasing the odds of further near-term downside for spot gold and IAU. Article Title
• Negative Sentiment: Hot U.S. inflation/PPI prints and a stronger dollar pressured gold intraday, prompting sellers and position adjustments ahead of the Fed — direct negative catalyst for IAU. Article Title
• Negative Sentiment: Saxo Bank and other strategists warn that growing fundamental and technical headwinds give gold room to move lower, reinforcing bearish market sentiment that weighs on IAU. Article Title
• Negative Sentiment: Rising oil and other commodity moves have triggered broader selling in precious and industrial metals; miners and metal‑linked products fell, adding pressure to gold ETFs through sentiment and correlated flows. Article Title

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).