GFS Advisors LLC Cuts Position in iShares Gold Trust $IAU

GFS Advisors LLC reduced its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 19.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 104,642 shares of the exchange traded fund’s stock after selling 24,917 shares during the quarter. GFS Advisors LLC’s holdings in iShares Gold Trust were worth $8,494,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in IAU. Schmidt P J Investment Management Inc. raised its stake in shares of iShares Gold Trust by 1.1% in the 4th quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock valued at $760,000 after acquiring an additional 106 shares during the period. Foster Group Inc. boosted its position in iShares Gold Trust by 2.4% during the 4th quarter. Foster Group Inc. now owns 5,126 shares of the exchange traded fund’s stock worth $416,000 after purchasing an additional 120 shares during the period. Nemes Rush Group LLC boosted its position in iShares Gold Trust by 1.9% during the 4th quarter. Nemes Rush Group LLC now owns 6,982 shares of the exchange traded fund’s stock worth $567,000 after purchasing an additional 130 shares during the period. Two West Capital Advisors LLC increased its holdings in iShares Gold Trust by 1.9% in the 4th quarter. Two West Capital Advisors LLC now owns 7,035 shares of the exchange traded fund’s stock valued at $571,000 after purchasing an additional 132 shares in the last quarter. Finally, Focused Wealth Management Inc increased its holdings in iShares Gold Trust by 3.4% in the 4th quarter. Focused Wealth Management Inc now owns 4,063 shares of the exchange traded fund’s stock valued at $330,000 after purchasing an additional 132 shares in the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust News Summary

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

• Positive Sentiment: China continued buying gold, increasing its reserves for a 19th straight month, which provides some longer-term support for bullion demand. China increases gold reserves by 9.95 tonnes in May for 19th straight month of purchases
• Positive Sentiment: Some analysts still see a bullish long-term case for gold, arguing that inflation could eventually push real rates lower and support a later rebound. Rising inflation may push real rates lower, setting the stage for gold’s next rally – WisdomTree’s Shah
• Neutral Sentiment: Gold and silver were described as holding near steady at times as traders weighed geopolitical safe-haven demand against firmer U.S. rate expectations ahead of inflation data. Gold holds near $4,330 as oil pares Iran-Israel risk premium – Kitco PM Report
• Neutral Sentiment: Gold price action is increasingly tied to upcoming U.S. inflation releases and interest-rate expectations, leaving traders waiting for a clearer catalyst. Gold Price Analysis – Gold Continues to Move to Rate Markets
• Negative Sentiment: Gold has broken below key technical support, with multiple reports citing weakness under the 200-day moving average and growing downside risk. Gold (XAU/USD) Price Forecast: Bearish Pressure Builds After Breakdown
• Negative Sentiment: Stronger U.S. jobs and housing data have reduced expectations for near-term Fed easing, lifting yields and pressuring gold further. Gold price continues to struggle as U.S. Existing Home Sales rise 3.2% in May
• Negative Sentiment: Fed rate-hike expectations have climbed, and several analysts say the broader precious-metals complex is selling off, adding to downside pressure on gold. Gold News: Fed Rate Hike Expectations Put Gold Market Under Pressure
• Negative Sentiment: Platinum and palladium also extended losses, signaling broader weakness across precious metals rather than an isolated move in gold. Platinum, palladium extend losses as Bank of America maintains bullish year-end price outlook

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $80.07 on Wednesday. The business’s 50-day moving average is $86.92 and its two-hundred day moving average is $87.65. The firm has a market capitalization of $68.17 billion, a PE ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 12 month low of $61.37 and a 12 month high of $104.40.

About iShares Gold Trust

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).