iShares Gold Trust $IAU Shares Sold by Bedminster LLC

Bedminster LLC trimmed its stake in iShares Gold Trust (NYSEARCA:IAU) by 23.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,027 shares of the exchange traded fund’s stock after selling 10,732 shares during the quarter. iShares Gold Trust comprises 3.0% of Bedminster LLC’s portfolio, making the stock its 12th largest position. Bedminster LLC’s holdings in iShares Gold Trust were worth $3,176,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Godfrey Financial Associates Inc. acquired a new position in shares of iShares Gold Trust in the 4th quarter valued at $25,000. Monetary Solutions Ltd acquired a new stake in shares of iShares Gold Trust during the 4th quarter worth $26,000. Merkkuri Wealth Advisors LLC acquired a new stake in shares of iShares Gold Trust during the 1st quarter worth $26,000. Fairway Wealth LLC raised its position 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 worth $26,000 after buying an additional 252 shares during the period. Finally, Rossby Financial LCC raised its position 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 worth $26,000 after buying an additional 140 shares during the period. Institutional investors and hedge funds own 59.67% of the company’s stock.

Key iShares Gold Trust News

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

• Positive Sentiment: Weaker-than-expected U.S. jobs data and softer payroll reports lifted gold above key psychological levels, improving sentiment for gold-backed ETFs like IAU. Article Title
• Positive Sentiment: Several reports said central banks continue buying gold and long-term demand remains supportive, which could help limit downside for the metal. Article Title
• Positive Sentiment: Analysts from WisdomTree and the World Gold Council argued gold remains near fair value and still has upside potential, reinforcing the bullish longer-term case. Article Title
• Neutral Sentiment: Some technical commentary warns that gold is still facing resistance and a broader downtrend may cap near-term gains, which could slow IAU’s advance. Article Title
• Negative Sentiment: Other coverage noted persistent high interest rates and recent bearish consolidation, suggesting gold could remain volatile if rate-cut hopes fade. Article Title

iShares Gold Trust Trading Up 2.0%

Shares of iShares Gold Trust stock opened at $77.51 on Friday. iShares Gold Trust has a twelve month low of $61.60 and a twelve month high of $104.40. The stock has a market capitalization of $64.02 billion, a P/E ratio of 5.53 and a beta of 0.18. The business’s fifty day moving average price is $83.12 and its 200 day moving average price is $87.53.

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).