iShares Gold Trust $IAU Shares Sold by Prospera Financial Services Inc

Prospera Financial Services Inc trimmed its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 19.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 161,536 shares of the exchange traded fund’s stock after selling 38,921 shares during the period. Prospera Financial Services Inc’s holdings in iShares Gold Trust were worth $13,112,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Abich Financial Wealth Management LLC acquired a new position in iShares Gold Trust during the third quarter worth about $25,000. Gables Capital Management Inc. grew its holdings in iShares Gold Trust by 173.1% during the fourth quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 225 shares during the period. Dakota Community Bank & Trust NA acquired a new position in iShares Gold Trust during the fourth quarter worth about $30,000. Fourth Dimension Wealth LLC grew its holdings in iShares Gold Trust by 436.3% during the third quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 349 shares during the period. Finally, Measured Wealth Private Client Group LLC acquired a new position in iShares Gold Trust during the third quarter worth about $31,000. 59.67% of the stock is owned by institutional investors and hedge funds.

More iShares Gold Trust News

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

• Negative Sentiment: Spot gold weakened late Friday as firm Treasury yields, a stronger dollar, and hawkish Fed inflation commentary outweighed some safe-haven demand linked to U.S.-Iran tensions. Gold weakens as U.S.-Iran talks keep oil, rates in focus – Kitco PM Report
• Negative Sentiment: Multiple intraday reports said precious metals were losing ground because investors fear the Fed may need to raise rates again to fight inflation, which is a headwind for gold-backed funds like IAU. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Worry About Hawkish Fed
• Negative Sentiment: Gold also broke below a key technical channel and remained below recent support levels, signaling continued near-term weakness and limited momentum. Gold (XAUUSD) & Silver Price Forecast: Gold Breaks $4,520 Channel as Silver Rejects $76 — More Downside Ahead?
• Neutral Sentiment: Some reports noted that gold is still in a longer-term bullish structure and may be coiling for a breakout, but near-term trading has been choppy and headline-driven. Gold (XAU/USD) Price Forecast: Compression Signals Major Breakout Potential
• Neutral Sentiment: Mixed macro data, including weaker consumer sentiment but rising inflation expectations, kept gold trapped in a trading range rather than driving a clear rebound. Spot gold hits session low near $4,500/oz after final Consumer Sentiment drops to 44.8, one-year and long-term inflation expectations rise

iShares Gold Trust Stock Down 0.7%

NYSEARCA:IAU opened at $84.81 on Friday. The business’s 50-day moving average price is $88.05 and its 200 day moving average price is $86.98. The firm has a market cap of $72.20 billion, a P/E ratio of 5.53 and a beta of 0.16. iShares Gold Trust has a 52-week low of $61.37 and a 52-week high of $104.40.

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).