Strategic Point Investment Advisors LLC Raises Stock Position in iShares Gold Trust $IAU

Strategic Point Investment Advisors LLC raised its holdings in iShares Gold Trust (NYSEARCA:IAU) by 3.9% in the second quarter, Holdings Channel.com reports. The fund owned 555,178 shares of the exchange traded fund’s stock after acquiring an additional 20,630 shares during the quarter. iShares Gold Trust makes up about 5.5% of Strategic Point Investment Advisors LLC’s investment portfolio, making the stock its 8th largest position. Strategic Point Investment Advisors LLC’s holdings in iShares Gold Trust were worth $41,921,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Schmidt P J Investment Management Inc. increased its stake in shares of iShares Gold Trust by 1.1% during the 4th quarter. Schmidt P J Investment Management Inc. now owns 9,362 shares of the exchange traded fund’s stock worth $760,000 after purchasing an additional 106 shares during the last quarter. Haverford Trust Co raised its holdings in shares of iShares Gold Trust by 3.4% during the 4th quarter. Haverford Trust Co now owns 3,617 shares of the exchange traded fund’s stock valued at $294,000 after purchasing an additional 120 shares in the last quarter. Evolution Wealth Management Inc. raised its holdings in shares of iShares Gold Trust by 40.3% during the 1st quarter. Evolution Wealth Management Inc. now owns 432 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 124 shares in the last quarter. Brooks Moore & Associates Inc. lifted its stake in shares of iShares Gold Trust by 2.1% in the 4th quarter. Brooks Moore & Associates Inc. now owns 6,076 shares of the exchange traded fund’s stock valued at $493,000 after purchasing an additional 125 shares during the last quarter. Finally, SmartHarvest Portfolios LLC lifted its stake in shares of iShares Gold Trust by 2.0% in the 1st quarter. SmartHarvest Portfolios LLC now owns 6,485 shares of the exchange traded fund’s stock valued at $572,000 after purchasing an additional 129 shares during the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust News Summary

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

• Positive Sentiment: U.S. employers reportedly cut 23,000 jobs in July, substantially missing expectations. The soft data increased bets on a more dovish Fed and helped gold advance toward $4,350 an ounce. Gold prices surging higher as U.S. economy loses 23k jobs in July
• Positive Sentiment: Lower Treasury yields and a weaker dollar are supporting precious metals, while traders are positioning for easier monetary policy. Investors have also purchased roughly $180 million in bullish gold call options, signaling renewed optimism. Gold rallies as traders bet on dovish Fed
• Positive Sentiment: The People’s Bank of China extended its gold-buying streak to 21 consecutive months, with its latest purchase the largest since 2023. Persistent central-bank demand provides fundamental support for gold and IAU. PBOC boosts gold buying
• Positive Sentiment: Gold-backed ETFs recorded net inflows in July, ending two months of outflows, suggesting institutional and retail investors are beginning to return to the asset class. Gold market sees positive ETF inflows in July
• Neutral Sentiment: Technical analysts view the breakout as constructive, but gold faces resistance around $4,382–$4,392 and higher targets near $4,494 or $4,500 could prove difficult without sustained momentum. Gold price forecast: breakout builds toward key resistance
• Negative Sentiment: Some investors took profits when oil prices, Treasury yields and the dollar strengthened, creating a short-term risk of pullback for gold and IAU. A new study also questions gold’s reliability as a direct inflation hedge. Investors take profits in gold and silver

iShares Gold Trust Trading Up 2.3%

Shares of NYSEARCA:IAU opened at $81.68 on Friday. The stock has a market capitalization of $67.46 billion, a PE ratio of 5.53 and a beta of 0.18. iShares Gold Trust has a 1 year low of $62.48 and a 1 year high of $104.40. The firm has a fifty day moving average price of $78.09 and a 200 day moving average price of $86.28.

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).