Sanctuary Advisors LLC Sells 221,638 Shares of iShares Gold Trust $IAU

Sanctuary Advisors LLC trimmed its position in iShares Gold Trust (NYSEARCA:IAU) by 23.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 728,291 shares of the exchange traded fund’s stock after selling 221,638 shares during the period. Sanctuary Advisors LLC owned 0.09% of iShares Gold Trust worth $64,206,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IAU. LPL Financial LLC boosted its holdings in shares of iShares Gold Trust by 1.5% during the 4th quarter. LPL Financial LLC now owns 13,742,286 shares of the exchange traded fund’s stock valued at $1,115,461,000 after buying an additional 203,528 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of iShares Gold Trust by 2.0% in the 4th quarter. Wells Fargo & Company MN now owns 13,136,955 shares of the exchange traded fund’s stock worth $1,066,327,000 after acquiring an additional 260,541 shares in the last quarter. Citigroup Inc. increased its stake in shares of iShares Gold Trust by 35.7% in the 4th quarter. Citigroup Inc. now owns 7,201,313 shares of the exchange traded fund’s stock worth $584,531,000 after acquiring an additional 1,893,594 shares in the last quarter. Ameriprise Financial Inc. lifted its position in iShares Gold Trust by 2.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,616,480 shares of the exchange traded fund’s stock valued at $412,563,000 after acquiring an additional 148,881 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in iShares Gold Trust by 18.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,595,990 shares of the exchange traded fund’s stock valued at $535,396,000 after acquiring an additional 1,019,135 shares during the period. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

NYSEARCA:IAU opened at $76.27 on Wednesday. The firm has a market capitalization of $62.99 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 $81.47 and its 200 day simple moving average is $87.22.

Trending Headlines about iShares Gold Trust

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

• Positive Sentiment: Gold rallied after U.S. inflation came in softer than expected, helping support bullion and gold-backed products like IAU by lowering real-rate pressure. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rallies As U.S. Inflation Rate Misses Estimates
• Positive Sentiment: Analysts said gold’s pullback is likely temporary noise, arguing that gold remains one of the better-performing assets over the past year and that mining stocks remain the standout trade. VanEck’s Casanova sees gold’s pullback as noise, says mining stocks remain the standout trade
• Positive Sentiment: Multiple market updates pointed to gold finding support near key technical levels, with traders watching for a rebound if the metal can hold support and break resistance. Gold Jumps as Weaker CPI Defends $4,000 Support
• Neutral Sentiment: Some commentary noted that gold remains under pressure from resistance, rising yields, and hawkish Fed expectations, which could keep volatility elevated even after the recent bounce. Gold Declines Amid Broad Rise in Yields, Monetary Policy Concerns
• Negative Sentiment: Several reports warned that gold had been struggling below recent highs, with bears defending resistance and safe-haven demand weakening at times amid geopolitical and rate-related concerns. Gold (XAU/USD) Price Forecast: Bears Defend Key Resistance Zone

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).