Tsfg LLC Sells 71,156 Shares of iShares Gold Trust $IAU

Tsfg LLC lessened its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 49.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,894 shares of the exchange traded fund’s stock after selling 71,156 shares during the quarter. Tsfg LLC’s holdings in iShares Gold Trust were worth $5,504,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IAU. Godfrey Financial Associates Inc. bought a new stake in iShares Gold Trust during the 4th quarter worth about $25,000. Monetary Solutions Ltd bought a new position in shares of iShares Gold Trust in the 4th quarter valued at about $26,000. Merkkuri Wealth Advisors LLC bought a new position in shares of iShares Gold Trust in the 1st quarter valued at about $26,000. Fairway Wealth LLC grew its position in shares of iShares Gold Trust by 525.0% during the 1st quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 252 shares during the period. Finally, Rossby Financial LCC grew its position in shares of iShares Gold Trust by 75.7% during the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 140 shares during the period. Institutional investors own 59.67% of the company’s stock.

More iShares Gold Trust News

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

• Positive Sentiment: Longer term, Saxo Bank and other analysts continue to see support for gold from commodity-driven inflation, expanding money supply and elevated government debt. These factors could sustain demand for IAU if inflation concerns intensify. Long-term gold price remains supported by commodity-led inflation – Saxo Bank’s Hansen
• Positive Sentiment: Unusually heavy call-option activity in IAU, with 10,933 calls purchased versus average volume of 7,737, suggests some traders are positioning for a rebound. This is a sentiment indicator rather than a change in the trust’s underlying holdings.
• Neutral Sentiment: Renewed U.S.-Iran and Gulf-region tensions provide safe-haven support for gold, but the resulting oil-price surge is also lifting inflation expectations, bond yields and rate-hike odds. The competing forces are limiting gold’s defensive appeal. Gold and Silver Price Forecast: Hawkish Fed Meets Iran Risk as Jobs Data Looms
• Negative Sentiment: Markets are assigning roughly a two-thirds probability to a September Fed hike after a hawkish policy repricing. Higher yields and a stronger dollar increase the opportunity cost of holding gold and are the main reasons IAU has decreased. Gold tests $4,311 support as Fed-hike odds hold near 66% – Kitco PM Report
• Negative Sentiment: Gold has fallen through its 20-day and 100-day moving averages and is testing support near $4,311-$4,350. The World Gold Council warned that weakening short-term momentum could expose gold to a pullback toward $4,215, increasing downside risk for IAU. Gold price at risk of pullback to $4,215/oz as short-term momentum fades
• Negative Sentiment: Reports also point to reversing gold-ETF inflows and profit-taking following the metal’s strong summer rally, suggesting near-term investor demand has weakened. Gold ETF Inflows Reverse Course as Warsh’s Hawkish Speech Crushes GLDM’s Summer Rally

iShares Gold Trust Price Performance

IAU opened at $81.35 on Wednesday. The company has a market cap of $67.19 billion, a price-to-earnings ratio of 5.53 and a beta of 0.18. The firm has a 50 day simple moving average of $79.27 and a 200 day simple moving average of $85.11. iShares Gold Trust has a fifty-two week low of $65.56 and a fifty-two week 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).