Financial Advocates Investment Management Has $952,000 Position in iShares Gold Trust $IAU

Financial Advocates Investment Management lessened its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 56.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,084 shares of the exchange traded fund’s stock after selling 17,248 shares during the period. Financial Advocates Investment Management’s holdings in iShares Gold Trust were worth $952,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IAU. Envestnet Asset Management Inc. grew its holdings in shares of iShares Gold Trust by 47.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 20,520,705 shares of the exchange traded fund’s stock worth $1,493,292,000 after purchasing an additional 6,623,876 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares Gold Trust by 67.5% during the second quarter. JPMorgan Chase & Co. now owns 10,919,614 shares of the exchange traded fund’s stock worth $680,947,000 after buying an additional 4,398,605 shares in the last quarter. WealthNavi Inc. increased its holdings in iShares Gold Trust by 8.5% in the 3rd quarter. WealthNavi Inc. now owns 7,130,543 shares of the exchange traded fund’s stock valued at $518,890,000 after buying an additional 559,413 shares during the period. Ameriprise Financial Inc. increased its holdings in iShares Gold Trust by 2.3% in 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 buying an additional 148,881 shares during the period. Finally, Truist Financial Corp raised its position in shares of iShares Gold Trust by 5.9% in the 3rd quarter. Truist Financial Corp now owns 5,814,190 shares of the exchange traded fund’s stock valued at $423,099,000 after buying an additional 323,755 shares in the last quarter. 59.67% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting iShares Gold Trust

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

• Positive Sentiment: Macro outlook that favors gold: a 2026 market outlook argues for a softer DXY and a structurally bullish case for precious metals — a tailwind for gold-backed ETFs like IAU over the medium term. Article Title
• Positive Sentiment: Policy/demand support: Texas unveiled an official bullion program and proposed gold bills that could lift domestic bullion demand and institutional appetite for physical gold custody. That structural demand can support IAU over time. Article Title
• Positive Sentiment: Big investors positioning for cuts: prominent investors (e.g., David Einhorn) are publicly increasing gold exposure on expectations of multiple Fed cuts in 2026 — an endorsement that can support fund inflows into ETFs such as IAU. Article Title
• Neutral Sentiment: Technical/near‑term stabilization: WSJ notes gold was steady in Asian trade and “could undergo a technical recovery” after recent front‑month futures weakness — suggests a possible short rebound if selling pressure eases. Article Title
• Neutral Sentiment: Spot price context: intraday Kitco reports show spot gold trading around the $5,060–$5,076/oz area after various US data prints — market remains rangebound around key levels that influence IAU’s NAV. Article Title
• Negative Sentiment: Rapid, unexplained sell‑off: Kitco and market commentators reported an abrupt sell‑off in gold and silver with unclear drivers — this kind of volatile, disorderly selling can push ETF prices down and trigger short‑term outflows. Article Title
• Negative Sentiment: Broad commodity rout: FXEmpire reports gold dived below key technical levels amid a wider commodities sell‑off (silver sharply lower), which amplifies downside risk for IAU until markets stabilize. Article Title
• Negative Sentiment: Dollar and labor data pressure: strong US jobs prints and prospects of a prolonged Fed pause have lifted the dollar and reduced near‑term appeal for non‑yielding gold — a key immediate pressure point for IAU. Article Title

iShares Gold Trust Trading Down 3.4%

Shares of iShares Gold Trust stock opened at $92.48 on Friday. The company has a market cap of $78.09 billion, a PE ratio of 5.53 and a beta of 0.09. The company has a 50 day moving average of $86.91 and a 200-day moving average of $76.83. iShares Gold Trust has a 1-year low of $53.44 and a 1-year 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).