Retirement Planning Group LLC Acquires 14,782 Shares of iShares Gold Trust $IAU

Retirement Planning Group LLC grew its holdings in iShares Gold Trust (NYSEARCA:IAU) by 348.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 19,030 shares of the exchange traded fund’s stock after acquiring an additional 14,782 shares during the period. Retirement Planning Group LLC’s holdings in iShares Gold Trust were worth $1,437,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in IAU. Godfrey Financial Associates Inc. bought a new position in shares of iShares Gold Trust during the fourth quarter valued at approximately $25,000. Monetary Solutions Ltd purchased a new stake in iShares Gold Trust in the fourth quarter worth $26,000. Merkkuri Wealth Advisors LLC bought a new stake in iShares Gold Trust in the first quarter valued at $26,000. Fairway Wealth LLC boosted its holdings in iShares Gold Trust by 525.0% in the first quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 252 shares in the last quarter. Finally, Rossby Financial LCC increased its position in iShares Gold Trust by 75.7% during the 4th quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 140 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Up 0.6%

Shares of iShares Gold Trust stock opened at $82.28 on Friday. iShares Gold Trust has a 12-month low of $62.48 and a 12-month high of $104.40. The company has a market cap of $67.96 billion, a P/E ratio of 5.53 and a beta of 0.18. The company’s fifty day simple moving average is $77.97 and its two-hundred day simple moving average is $86.00.

iShares Gold Trust News Roundup

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

• Positive Sentiment: July retail sales unexpectedly fell 0.6%, while August consumer sentiment dropped to 51 versus expectations of 54.5. The weaker consumer data increased expectations that the Fed may keep rates steady in September, supporting gold and IAU. Gold rallies after retail sales drop
• Positive Sentiment: Soft CPI and PPI readings, rising jobless claims, and a pullback in the dollar have eased rate-hike concerns and helped keep precious metals above recent trading levels. Gold rebounds as dollar pulls back
• Positive Sentiment: UBS said gold could challenge $5,000 per ounce in the first half of 2027, citing lower real rates, a weaker dollar, and continued sovereign and central-bank demand. This reinforces the longer-term bullish case for IAU. UBS gold forecast
• Neutral Sentiment: Investors will watch next week’s Fed minutes, housing data, and manufacturing activity for clues about economic growth and monetary policy. These releases could produce significant volatility for gold and IAU. Gold looks to Fed minutes and economic data
• Negative Sentiment: Gold has struggled to extend its rebound near the $4,450-$4,500 resistance area. Analysts warn that a pullback or profit-taking could occur before another sustained advance, limiting near-term upside for IAU. Gold pullback risk after resistance test

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).