Checchi Capital Advisers LLC Boosts Stake in iShares Gold Trust $IAU

Checchi Capital Advisers LLC boosted its position in iShares Gold Trust (NYSEARCA:IAU) by 10.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 414,770 shares of the exchange traded fund’s stock after purchasing an additional 39,544 shares during the quarter. iShares Gold Trust accounts for about 1.6% of Checchi Capital Advisers LLC’s holdings, making the stock its 6th largest holding. Checchi Capital Advisers LLC’s holdings in iShares Gold Trust were worth $30,183,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the company. Keener Financial Planning LLC bought a new stake in iShares Gold Trust during the second quarter valued at $25,000. MTM Investment Management LLC bought a new position in iShares Gold Trust in the 2nd quarter worth about $25,000. Private Wealth Management Group LLC raised its holdings in shares of iShares Gold Trust by 290.9% in the 2nd quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 320 shares in the last quarter. Key Financial Inc purchased a new stake in shares of iShares Gold Trust in the 2nd quarter valued at about $28,000. Finally, Mountain Hill Investment Partners Corp. bought a new stake in shares of iShares Gold Trust during the 3rd quarter valued at about $29,000. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting iShares Gold Trust

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

• Positive Sentiment: Technical rebound and bullish price action suggest the recent correction may have bottomed, supporting further gains in gold‑linked funds. Gold (XAU/USD) Price Forecast: Bullish Reversal Hints at End of Correction
• Positive Sentiment: Major banks and strategists maintain multi‑month bullish views (JP Morgan sees much higher gold by year‑end), supporting a longer‑term bullish case for IAU as a pure play on the metal. J.P. Morgan expects gold prices to reach $6,300/oz by end of 2026
• Positive Sentiment: IAU is highlighted as a lower‑cost way to own physical gold relative to some peers, which can attract flows into IAU versus higher‑cost alternatives. That fund‑flow dynamic tends to support the ETF’s price when metal prices firm. IAU Offers Lower Cost Gold Exposure Than SIL
• Neutral Sentiment: Rising interest in tokenized gold is boosting demand narratives for the metal but brings custody and regulatory risks; this is a mixed structural development for gold exposure and ETF flows. Precious metal price fluctuations could test fast-growing gold token market
• Negative Sentiment: The earlier, historic selloff tied to macro and Fed‑leadership concerns (nomination of Kevin Warsh) showed how quickly positioning can unwind, a reminder that IAU can be volatile in risk‑on rate‑sensitive episodes. Gold, Silver Selloff Continues. Why Trump’s Warsh Fed Pick Is Bashing Prices.
• Negative Sentiment: WSJ notes gold has edged lower on a possible technical correction after a very large one‑day jump — signaling risk of short‑term pullbacks even amid the rebound. Gold Edges Lower on Possible Technical Correction
• Negative Sentiment: High volatility and mixed daily headlines (sharp one‑day moves, heavy positioning) mean short‑term trading risk remains elevated for IAU even if the medium‑term trend is bullish. Gold, Silver Bounce Back After Sharp Selloff

iShares Gold Trust Trading Up 6.2%

Shares of NYSEARCA IAU opened at $93.03 on Wednesday. The business has a 50-day moving average of $84.88 and a 200-day moving average of $75.55. The firm has a market capitalization of $78.55 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 12 month low of $53.44 and a 12 month high of $104.40.

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).