35,984 iShares Gold Trust $IAU Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC grew its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 12.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 335,926 shares of the exchange traded fund’s stock after buying an additional 35,984 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares Gold Trust were worth $26,236,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sapient Capital LLC increased its position in shares of iShares Gold Trust by 3.7% during the 3rd quarter. Sapient Capital LLC now owns 164,792 shares of the exchange traded fund’s stock valued at $12,870,000 after purchasing an additional 5,953 shares during the last quarter. Kure Advisory LLC raised its stake in shares of iShares Gold Trust by 9.5% during the 3rd quarter. Kure Advisory LLC now owns 96,080 shares of the exchange traded fund’s stock worth $7,504,000 after purchasing an additional 8,328 shares during the period. Apeiron RIA LLC boosted its holdings in shares of iShares Gold Trust by 13.4% in the 3rd quarter. Apeiron RIA LLC now owns 86,364 shares of the exchange traded fund’s stock worth $6,777,000 after buying an additional 10,194 shares during the last quarter. Titleist Asset Management LLC boosted its holdings in shares of iShares Gold Trust by 10.3% in the 3rd quarter. Titleist Asset Management LLC now owns 49,719 shares of the exchange traded fund’s stock worth $3,883,000 after buying an additional 4,637 shares during the last quarter. Finally, Gradient Investments LLC grew its position in iShares Gold Trust by 3.1% during the third quarter. Gradient Investments LLC now owns 72,902 shares of the exchange traded fund’s stock valued at $5,694,000 after buying an additional 2,182 shares during the period. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 0.8%

NYSEARCA IAU traded up $0.60 during trading hours on Thursday, reaching $77.66. 3,212,084 shares of the company were exchanged, compared to its average volume of 9,335,368. iShares Gold Trust has a 1 year low of $73.74 and a 1 year high of $104.40. The business’s 50 day simple moving average is $81.47 and its 200-day simple moving average is $82.39. The stock has a market capitalization of $61.24 billion, a P/E ratio of 5.53 and a beta of 0.18.

Key iShares Gold Trust News

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

• Positive Sentiment: Gold is finding support as Treasury yields pull back and the U.S. dollar weakens, improving the appeal of non-yielding bullion and supporting IAU. Gold, Silver, Platinum Forecasts – Gold Attempts To Rebound as Treasury Yields Pull Back
• Positive Sentiment: Sprott’s Kenny Zhu said gold’s ability to hold its trading range and attract fresh ETF inflows despite elevated bond yields signals underlying demand. He also cited central banks’ continued shift away from dollar assets as a longer-term bullish factor. Gold Gains Ground as Central Banks Retreat from Dollar Assets and Inflation Undermines Bonds
• Positive Sentiment: China’s central bank added 21 tonnes of gold in September, its largest monthly purchase in three years and the 23rd consecutive month of reserve increases. Continued official-sector buying provides structural support for bullion and IAU. China’s Central Bank Buys 21 Tonnes of Gold in September
• Neutral Sentiment: Gold is testing major technical support near $4,100-$4,103. A double bottom or bullish wedge breakout could trigger a recovery, while a decisive breach would signal additional downside risk for IAU. Gold Price Forecast: $4,103 Support Holds Key to Next Move
• Negative Sentiment: Federal Reserve signals that another rate increase remains possible, while stronger-than-expected jobless-claims data reinforces the case for higher-for-longer rates. Rising yields and a stronger dollar increase the opportunity cost of holding gold. Gold Just Fell to a Two-Month Low as the Fed Signals Another Hike
• Negative Sentiment: Recent reports describe a deepening correction, with gold pressured by elevated rates, a firm dollar and resistance near-term. Failure of the $4,100 support zone could weigh on IAU. Gold and Silver Price Forecast: Fed Minutes Weigh

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).