Riverpoint Wealth Management Holdings LLC purchased a new stake in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 12,873 shares of the exchange traded fund’s stock, valued at approximately $937,000.
A number of other large investors have also recently added to or reduced their stakes in IAU. Keener Financial Planning LLC acquired a new position in shares of iShares Gold Trust in the 2nd quarter valued at $25,000. MTM Investment Management LLC purchased a new stake in iShares Gold Trust in the 2nd quarter valued at about $25,000. Private Wealth Management Group LLC lifted its position in iShares Gold Trust by 290.9% in the second quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 320 shares during the last quarter. Key Financial Inc acquired a new position in iShares Gold Trust in the second quarter valued at about $28,000. Finally, Mountain Hill Investment Partners Corp. purchased a new position in iShares Gold Trust during the third quarter worth about $29,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.
iShares Gold Trust Stock Performance
NYSEARCA:IAU opened at $93.03 on Wednesday. iShares Gold Trust has a fifty-two week low of $53.44 and a fifty-two week high of $104.40. The company has a 50 day moving average price of $84.88 and a 200 day moving average price of $75.55. The stock has a market capitalization of $78.55 billion, a P/E ratio of 5.53 and a beta of 0.09.
iShares Gold Trust News Summary
- Positive Sentiment: Technical rebound and bullish price action suggest the recent correction may have bottomed, supporting further gains in gold‑linked funds. Gold (XAU/USD) Price Forecast: Bullish Reversal Hints at End of Correction
- Positive Sentiment: Major banks and strategists maintain multi‑month bullish views (JP Morgan sees much higher gold by year‑end), supporting a longer‑term bullish case for IAU as a pure play on the metal. J.P. Morgan expects gold prices to reach $6,300/oz by end of 2026
- Positive Sentiment: IAU is highlighted as a lower‑cost way to own physical gold relative to some peers, which can attract flows into IAU versus higher‑cost alternatives. That fund‑flow dynamic tends to support the ETF’s price when metal prices firm. IAU Offers Lower Cost Gold Exposure Than SIL
- Neutral Sentiment: Rising interest in tokenized gold is boosting demand narratives for the metal but brings custody and regulatory risks; this is a mixed structural development for gold exposure and ETF flows. Precious metal price fluctuations could test fast-growing gold token market
- Negative Sentiment: The earlier, historic selloff tied to macro and Fed‑leadership concerns (nomination of Kevin Warsh) showed how quickly positioning can unwind, a reminder that IAU can be volatile in risk‑on rate‑sensitive episodes. Gold, Silver Selloff Continues. Why Trump’s Warsh Fed Pick Is Bashing Prices.
- Negative Sentiment: WSJ notes gold has edged lower on a possible technical correction after a very large one‑day jump — signaling risk of short‑term pullbacks even amid the rebound. Gold Edges Lower on Possible Technical Correction
- Negative Sentiment: High volatility and mixed daily headlines (sharp one‑day moves, heavy positioning) mean short‑term trading risk remains elevated for IAU even if the medium‑term trend is bullish. Gold, Silver Bounce Back After Sharp Selloff
iShares Gold Trust Company 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).
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