Guardian Partners Inc. Sells 15,000 Shares of iShares Gold Trust $IAU

Guardian Partners Inc. lessened its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 50.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,000 shares of the exchange traded fund’s stock after selling 15,000 shares during the quarter. Guardian Partners Inc.’s holdings in iShares Gold Trust were worth $1,322,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in IAU. Wills Financial Group LLC increased its holdings in iShares Gold Trust by 9.8% during the 4th quarter. Wills Financial Group LLC now owns 147,134 shares of the exchange traded fund’s stock worth $11,943,000 after purchasing an additional 13,093 shares in the last quarter. Hudson Oak Wealth Advisory LLC bought a new stake in iShares Gold Trust during the fourth quarter worth $1,725,000. South Shore Capital Advisors purchased a new stake in iShares Gold Trust in the 4th quarter valued at $858,000. Mirae Asset Global Investments Co. Ltd. lifted its stake 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 valued at $67,320,000 after acquiring an additional 97,852 shares in the last quarter. Finally, AllGen Financial Advisors Inc. boosted its holdings in iShares Gold Trust by 3.4% during the 4th quarter. AllGen Financial Advisors Inc. now owns 378,708 shares of the exchange traded fund’s stock worth $30,740,000 after acquiring an additional 12,624 shares during the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust News Roundup

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

• Positive Sentiment: ETF inflows and continued central-bank buying are providing underlying support for gold, while weaker-than-expected U.S. consumer confidence could eventually strengthen expectations for slower economic growth and lower interest rates. Gold and Silver Price Forecast: ETF Inflows Support Gold Ahead of Fed Week
• Positive Sentiment: Longer-term demand remains supported by China and other Asian buyers. BMO Capital Markets said China’s gold holdings could surpass U.S. holdings within five years, while ongoing central-bank accumulation may help establish a floor under prices. China’s Gold Stockpile Could Surpass U.S. Holdings Next Five Years
• Neutral Sentiment: The launch of CME Group’s 24/7 one-ounce gold contract generated roughly $60 million in weekend trading, highlighting sustained investor interest and improving access, but it does not directly change gold’s near-term fundamentals. 60 Million Traded During Inaugural Weekend of CME’s 24/7 Gold Contract
• Negative Sentiment: Gold sellers have gained control despite a softer dollar and favorable yield conditions, as markets reprice interest-rate expectations toward a more hawkish Fed. Elevated yields increase the opportunity cost of holding IAU. Gold Market Ignores Lower Dollar as Rate Hike Fears Build
• Negative Sentiment: Commerzbank downgraded its gold and silver outlook, warning that gold may struggle to hold the $4,000-per-ounce area and could face further selling while the Iran conflict continues. Analysts also expect gold to remain range-bound for several months if the Fed delays policy changes. Commerzbank Downgrades Gold and Silver Prices

iShares Gold Trust Price Performance

IAU opened at $75.70 on Wednesday. The company’s 50-day moving average is $79.20 and its 200 day moving average is $86.74. iShares Gold Trust has a fifty-two week low of $61.60 and a fifty-two week high of $104.40. The firm has a market capitalization of $62.52 billion, a P/E ratio of 5.53 and a beta of 0.18.

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).