iShares Gold Trust $IAU is Vision Capital Management Inc.’s 7th Largest Position

Vision Capital Management Inc. cut its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 21.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 301,595 shares of the exchange traded fund’s stock after selling 80,603 shares during the quarter. iShares Gold Trust comprises 3.4% of Vision Capital Management Inc.’s investment portfolio, making the stock its 7th biggest holding. Vision Capital Management Inc.’s holdings in iShares Gold Trust were worth $26,589,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Merkkuri Wealth Advisors LLC purchased a new stake in shares of iShares Gold Trust in the 1st quarter worth about $26,000. Fairway Wealth LLC increased its stake 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 acquiring an additional 252 shares in the last quarter. Godfrey Financial Associates Inc. purchased a new position in iShares Gold Trust during the 4th quarter valued at about $25,000. Rossby Financial LCC lifted its position in iShares Gold Trust by 75.7% during the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 140 shares during the period. Finally, Monetary Solutions Ltd purchased a new position in iShares Gold Trust during the 4th quarter valued at about $26,000. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $75.96 on Thursday. The firm has a market capitalization of $62.74 billion, a P/E ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a one year low of $61.60 and a one year high of $104.40. The company’s 50-day simple moving average is $83.33 and its 200 day simple moving average is $87.55.

Key iShares Gold Trust News

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

• Positive Sentiment: Gold prices rebounded as weaker U.S. labor and manufacturing data boosted expectations for easier Fed policy, which is generally supportive for IAU. Gold trades near session highs after ADP says net 98K jobs were added in June
• Positive Sentiment: The World Gold Council said central-bank buying and long-term investor demand should help limit downside risk and leave room for gold to recover later this year. These are the key factors that could restart the gold rally this year, or drive prices even lower – World Gold Council H2 Outlook
• Positive Sentiment: Several analysts and banks remained constructive on gold despite the pullback, arguing that official-sector demand could drive a renewed rally. Central banks see gold prices trading between $5,000 and $6,000 in 12 months – OMFIF Survey
• Positive Sentiment: Gold remains underpinned by buying near the $4,000 level, suggesting some investors still see value after the recent correction. Gold Price Analysis – Gold Continues to See Support at 4K
• Neutral Sentiment: Other reports said gold is still in a broader bearish consolidation phase, so the rebound may remain fragile unless upcoming jobs data weakens rates and the dollar further. Gold (XAU/USD) Price Forecast: Downtrend Holds Amid Resistance Test
• Negative Sentiment: Gold’s recent slump, the worst monthly/quarterly stretch in years, reflects pressure from higher Treasury yields, a stronger dollar, and renewed Fed-hike concerns. Gold prices fall further after worst quarter in 13 years as interest rate fears hit bullion

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).