Modern Wealth Management LLC Increases Stock Holdings in iShares Gold Trust $IAU

Modern Wealth Management LLC increased its stake in iShares Gold Trust (NYSEARCA:IAU) by 26.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 214,303 shares of the exchange traded fund’s stock after buying an additional 45,091 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares Gold Trust were worth $15,595,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Abich Financial Wealth Management LLC bought a new stake in shares of iShares Gold Trust in the 3rd quarter worth about $25,000. MTM Investment Management LLC bought a new position in iShares Gold Trust during the 2nd quarter valued at about $25,000. Mountain Hill Investment Partners Corp. bought a new position in iShares Gold Trust during the 3rd quarter valued at about $29,000. Fourth Dimension Wealth LLC raised its position in iShares Gold Trust by 436.3% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 349 shares during the period. Finally, SOA Wealth Advisors LLC. raised its position in iShares Gold Trust by 230.0% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 462 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 322 shares during the period. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust News Summary

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

• Positive Sentiment: Weak U.S. payrolls and other downbeat economic data have boosted safe‑haven demand for gold, supporting flows into gold ETFs such as IAU. Read More.
• Positive Sentiment: Missed Non‑Farm Payrolls and weaker retail figures prompted short‑term rebounds in bullion, which tends to raise demand for physically backed ETFs. Read More.
• Neutral Sentiment: Geopolitical tensions (U.S.–Iran conflict) are keeping volatility elevated for gold — that can support intermittent safe‑haven flows but has delivered uneven impulses, so the net effect on IAU is mixed. Read More.
• Negative Sentiment: Multiple technical reports flag bearish wedge breakouts and measured‑move downside targets — technical pressure could trigger short‑term selling in IAU if key support levels fail. Read More.
• Negative Sentiment: Rising oil prices are reviving inflation fears but are also lifting real yields and sustaining a stronger dollar narrative that reduces near‑term gold appeal—this combination can cap upside for IAU until Fed rate‑cut expectations normalize. Read More.
• Negative Sentiment: Reports that a large sovereign buyer may sell gold to fund defense spending introduce potential supply pressure that could weigh on the market and on gold ETFs if realized. Read More.

iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $96.98 on Friday. The business’s 50 day moving average price is $91.55 and its 200-day moving average price is $80.52. iShares Gold Trust has a fifty-two week low of $54.34 and a fifty-two week high of $104.40. The company has a market cap of $81.89 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09.

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).