WESPAC Advisors LLC reduced its stake in iShares Gold Trust (NYSEARCA:IAU – Free Report) by 64.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 5,732 shares of the exchange traded fund’s stock after selling 10,375 shares during the period. WESPAC Advisors LLC’s holdings in iShares Gold Trust were worth $448,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of IAU. RFG Advisory LLC lifted its holdings in shares of iShares Gold Trust by 35.8% during the second quarter. RFG Advisory LLC now owns 38,956 shares of the exchange traded fund’s stock valued at $2,942,000 after purchasing an additional 10,263 shares in the last quarter. Wealth Care LLC purchased a new stake in shares of iShares Gold Trust during the first quarter valued at $9,270,000. Acorn Financial Advisory Services Inc. ADV boosted its position in shares of iShares Gold Trust by 3.1% during the first quarter. Acorn Financial Advisory Services Inc. ADV now owns 483,758 shares of the exchange traded fund’s stock valued at $42,648,000 after buying an additional 14,344 shares during the last quarter. Robertson Stephens Wealth Management LLC boosted its position in shares of iShares Gold Trust by 70.2% during the third quarter. Robertson Stephens Wealth Management LLC now owns 32,722 shares of the exchange traded fund’s stock valued at $2,556,000 after buying an additional 13,497 shares during the last quarter. Finally, Wedbush Securities Inc. boosted its position in shares of iShares Gold Trust by 18.2% during the second quarter. Wedbush Securities Inc. now owns 54,861 shares of the exchange traded fund’s stock valued at $4,143,000 after buying an additional 8,462 shares during the last quarter. 59.67% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about iShares Gold Trust
Here are the key news stories impacting iShares Gold Trust this week:
- Positive Sentiment: Falling crude oil prices have eased inflation concerns and reduced pressure for additional Federal Reserve tightening, supporting renewed buying in gold and gold-backed funds such as IAU. Gold rebounds above $4,000 as lower oil prices ease Fed tightening concerns
- Positive Sentiment: Unusually heavy options activity provided a bullish signal: traders bought 19,788 IAU call options, 161% above average call volume. However, options activity does not guarantee sustained buying in the ETF.
- Neutral Sentiment: Gold has been described as oversold after its decline, potentially creating room for a rebound. Still, analysts say a durable rally may remain difficult until the metal decisively clears key resistance and stabilizes above $4,000. Gold prices are oversold below $4,000
- Negative Sentiment: Fed-hike expectations remain a major headwind, with market pricing reportedly assigning a high probability to a rate increase. Higher interest rates can lift bond yields and reduce the appeal of non-income-producing gold. Gold steadies into Fed week as hike odds hit 75%
- Negative Sentiment: Investor sentiment toward gold has weakened substantially in the second half of 2026. Analysts say the prolonged Iran conflict needs to end for gold to regain stronger momentum, while gold and Bitcoin have become the worst-performing major assets of the year. The Iran war needs to end for gold to have a chance to rally
iShares Gold Trust Stock Performance
NYSEARCA IAU opened at $75.42 on Tuesday. iShares Gold Trust has a one year low of $73.74 and a one year high of $104.40. The stock has a 50-day moving average of $80.88 and a 200 day moving average of $84.86. The company has a market capitalization of $59.48 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18.
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).
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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
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