Revisor Wealth Management LLC Purchases 7,585 Shares of iShares Gold Trust $IAU

Revisor Wealth Management LLC purchased a new stake in iShares Gold Trust (NYSEARCA:IAU) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 7,585 shares of the exchange traded fund’s stock, valued at approximately $594,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IAU. 55 North Private Wealth LLC grew its holdings in shares of iShares Gold Trust by 30.1% in the 3rd quarter. 55 North Private Wealth LLC now owns 5,036 shares of the exchange traded fund’s stock valued at $393,000 after acquiring an additional 1,166 shares in the last quarter. Net Worth Advisory Group acquired a new stake in shares of iShares Gold Trust in the third quarter valued at about $220,000. Vision Capital Management Inc. raised its holdings in iShares Gold Trust by 3.3% during the third quarter. Vision Capital Management Inc. now owns 317,911 shares of the exchange traded fund’s stock worth $24,829,000 after acquiring an additional 10,053 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in iShares Gold Trust by 18.0% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 362,314 shares of the exchange traded fund’s stock worth $28,297,000 after acquiring an additional 55,169 shares in the last quarter. Finally, CFS Investment Advisory Services LLC raised its holdings in iShares Gold Trust by 6.7% during the third quarter. CFS Investment Advisory Services LLC now owns 5,363 shares of the exchange traded fund’s stock worth $420,000 after acquiring an additional 339 shares in the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $77.71 on Thursday. The stock has a 50 day moving average price of $81.17 and a 200 day moving average price of $81.88. iShares Gold Trust has a 52 week low of $73.74 and a 52 week high of $104.40. The stock has a market capitalization of $61.28 billion, a PE ratio of 5.53 and a beta of 0.18.

iShares Gold Trust News Roundup

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

• Positive Sentiment: Gold gained in late U.S. trading as Treasury yields stabilized, the dollar weakened and crude oil prices eased. These developments reduce the opportunity cost of holding non-yielding gold and are supportive of IAU. Gold gains as Treasury yields stabilize, Nasdaq surges despite Fed tightening concerns – Kitco PM Report
• Positive Sentiment: Gold is testing a potential bottom as the U.S. 10-year real yield eased to 2.77%. A sustained decline in real yields could improve demand for gold and provide further support to IAU. Gold Tests a Bottom as 10-Year Real Yields Ease to 2.77%
• Positive Sentiment: Royal Mint sales indicate that demand for precious metals remains resilient despite high prices and rising bond yields, while BlackRock’s Evy Hambro cited debt, fiscal deficits, currency depreciation and geopolitical risks as longer-term supports for gold. Royal Mint sees record silver and platinum sales, renewed gold demand despite higher prices and rising bond yields
• Neutral Sentiment: Technical analysts describe gold as consolidating between important support and resistance levels, with a decisive breakout possible. This creates upside potential for IAU but also leaves the ETF vulnerable to another decline if support fails. Gold (XAU/USD) Price Forecast: Consolidation Sets Stage for Decisive Breakout
• Negative Sentiment: Markets continue to price a high probability of a December Fed rate hike. Higher rates and real yields can pressure gold by making income-producing assets more attractive, weighing on IAU. Gold and Silver Price Forecast: ETF Holdings Hit Record
• Negative Sentiment: Russia’s sale of 6.2 tonnes of gold in September reduced its bullion holdings to the lowest level since 2019, introducing a modest source of official-sector selling pressure. Russia sells 6.2 tonnes of gold in September

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).