Clear Retirement Advice LLC Takes $2.30 Million Position in iShares Gold Trust $IAU

Clear Retirement Advice LLC purchased a new stake in iShares Gold Trust (NYSEARCA:IAU) during the fourth quarter, Holdings Channel reports. The fund purchased 28,347 shares of the exchange traded fund’s stock, valued at approximately $2,301,000. iShares Gold Trust comprises 1.8% of Clear Retirement Advice LLC’s portfolio, making the stock its 16th largest position.

Several other large investors have also recently made changes to their positions in the stock. Godfrey Financial Associates Inc. purchased a new stake in iShares Gold Trust in the fourth quarter valued at approximately $25,000. Rossby Financial LCC grew its holdings in shares of iShares Gold Trust by 75.7% in the fourth 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 in the last quarter. Monetary Solutions Ltd acquired a new stake in shares of iShares Gold Trust in the fourth quarter valued at $26,000. Gables Capital Management Inc. raised its stake in shares of iShares Gold Trust by 173.1% in the fourth quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 225 shares in the last quarter. Finally, Motiv8 Investments LLC purchased a new position in shares of iShares Gold Trust in the 4th quarter valued at about $29,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting iShares Gold Trust

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

• Positive Sentiment: Longer-term demand for gold remains supported by central bank buying and geopolitical uncertainty, with several analysts arguing gold ETFs still belong in diversified portfolios. Why Gold ETFs Still Deserve a Place in Long-Term Portfolios
• Positive Sentiment: Some market commentary says central banks are likely to keep increasing gold reserves amid rising geopolitical risks, which could provide ongoing support for gold-backed funds like IAU. Central banks are bringing gold reserves home as geopolitical risks rise
• Neutral Sentiment: Gold briefly found support after the Fed held rates steady, but the market quickly shifted to pricing in a higher-for-longer policy path, limiting the bounce. Gold Rises After Fed Leaves Rates Unchanged
• Negative Sentiment: Gold prices fell as the Fed’s hawkish messaging revived expectations for additional tightening, pushing the dollar higher and pressuring bullion. Gold, silver sink as dollar tests yearly highs following hawkish Fed – Kitco PM Report
• Negative Sentiment: Recent articles point to continued technical weakness in gold, with prices failing at resistance and testing support levels that could signal more downside if they break. Gold (XAU/USD) Price Forecast: Can Bulls Defend Fibonacci Support?

iShares Gold Trust Stock Down 0.4%

NYSEARCA IAU opened at $79.33 on Friday. iShares Gold Trust has a 52 week low of $61.37 and a 52 week high of $104.40. The firm has a 50 day moving average of $85.76 and a two-hundred day moving average of $87.73. The stock has a market capitalization of $67.54 billion, a PE ratio of 5.53 and a beta of 0.15.

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).