Leonard Rickey Investment Advisors P.L.L.C. grew its stake in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 4.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 233,652 shares of the exchange traded fund’s stock after buying an additional 10,105 shares during the quarter. iShares Gold Trust makes up 2.8% of Leonard Rickey Investment Advisors P.L.L.C.’s holdings, making the stock its 13th biggest holding. Leonard Rickey Investment Advisors P.L.L.C.’s holdings in iShares Gold Trust were worth $18,248,000 as of its most recent filing with the SEC.
Other institutional investors also recently modified their holdings of the company. BlackRock Inc. lifted its stake in shares of iShares Gold Trust by 1.3% in the 2nd quarter. BlackRock Inc. now owns 8,732,671 shares of the exchange traded fund’s stock valued at $659,404,000 after acquiring an additional 109,246 shares during the last quarter. Proficio Capital Partners LLC grew its position in iShares Gold Trust by 5.7% during the 2nd quarter. Proficio Capital Partners LLC now owns 2,191,169 shares of the exchange traded fund’s stock worth $165,455,000 after acquiring an additional 118,328 shares during the last quarter. Bank of New York Mellon Corp grew its position in iShares Gold Trust by 8.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,840,038 shares of the exchange traded fund’s stock worth $138,941,000 after acquiring an additional 149,558 shares during the last quarter. AlTi Global Inc. grew its position in iShares Gold Trust by 5.4% during the 2nd quarter. AlTi Global Inc. now owns 1,651,446 shares of the exchange traded fund’s stock worth $124,701,000 after acquiring an additional 84,457 shares during the last quarter. Finally, GM Advisory Group LLC increased its holdings in iShares Gold Trust by 2.8% in the 1st quarter. GM Advisory Group LLC now owns 1,569,661 shares of the exchange traded fund’s stock worth $138,381,000 after purchasing an additional 42,385 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.
Key iShares Gold Trust News
Here are the key news stories impacting iShares Gold Trust this week:
- Neutral Sentiment: The Swiss National Bank reported a large third-quarter profit, with gold contributing 7.6 billion Swiss francs. The result highlights the value of gold holdings, although it does not directly change IAU’s fundamentals or near-term price outlook. Swiss central bank posts bumper $23bn profit as gold, foreign assets soar
- Negative Sentiment: Gold slipped below $4,000 as stronger-than-expected inflation and economic growth increased expectations that the Federal Reserve could keep interest rates higher for longer or resume tightening. Higher real yields raise the opportunity cost of holding non-yielding gold. Gold and Silver Price Forecast: Hot PCE Lifts Hike Odds
- Negative Sentiment: Technical selling intensified after gold broke key support levels. Analysts warn that continued liquidation could expose a longer-term retracement zone around $3,886 to $3,708, increasing downside risk for gold-backed ETFs such as IAU. Gold Price Forecast: Mass Liquidation Puts $3,886–$3,708 in Play
- Negative Sentiment: Multiple market reports identify support near $3,950, $3,900 and $4,000 as critical. A sustained break below those levels could signal a deeper correction, while rising Treasury yields and a stronger economy continue to weigh on demand for gold. Gold Declines, Weighed by Tighter Monetary Policy Expectations
iShares Gold Trust Stock Down 3.5%
Shares of IAU opened at $72.92 on Friday. The stock has a market cap of $57.50 billion, a PE ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a 12-month low of $72.71 and a 12-month high of $104.40. The business has a 50-day simple moving average of $80.07 and a two-hundred day simple moving average of $84.62.
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).
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