iShares Gold Trust $IAU Stock Purchased by Sagace Wealth Management LLC

Sagace Wealth Management LLC raised its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 50.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 54,945 shares of the exchange traded fund’s stock after purchasing an additional 18,504 shares during the period. iShares Gold Trust accounts for approximately 2.6% of Sagace Wealth Management LLC’s holdings, making the stock its 13th biggest holding. Sagace Wealth Management LLC’s holdings in iShares Gold Trust were worth $4,291,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in IAU. BlackRock Inc. grew its position in shares of iShares Gold Trust by 1.3% during the 2nd quarter. BlackRock Inc. now owns 8,732,671 shares of the exchange traded fund’s stock worth $659,404,000 after buying an additional 109,246 shares during the period. Proficio Capital Partners LLC lifted its holdings in iShares Gold Trust by 5.7% in the second quarter. Proficio Capital Partners LLC now owns 2,191,169 shares of the exchange traded fund’s stock valued at $165,455,000 after buying an additional 118,328 shares during the period. Bank of New York Mellon Corp lifted its holdings in iShares Gold Trust by 8.8% in the second quarter. Bank of New York Mellon Corp now owns 1,840,038 shares of the exchange traded fund’s stock valued at $138,941,000 after buying an additional 149,558 shares during the period. GM Advisory Group LLC lifted its holdings in iShares Gold Trust by 2.8% in the first quarter. GM Advisory Group LLC now owns 1,569,661 shares of the exchange traded fund’s stock valued at $138,381,000 after buying an additional 42,385 shares during the period. Finally, AlTi Global Inc. lifted its holdings in iShares Gold Trust by 5.4% in the second quarter. AlTi Global Inc. now owns 1,651,446 shares of the exchange traded fund’s stock valued at $124,701,000 after buying an additional 84,457 shares during the period. 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 Performance

Shares of IAU stock opened at $72.92 on Friday. iShares Gold Trust has a 52-week low of $72.71 and a 52-week high of $104.40. The stock has a market cap of $57.50 billion, a PE ratio of 5.53 and a beta of 0.18. The firm’s 50 day moving average price is $80.07 and its two-hundred day moving average price is $84.62.

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).