Deane Retirement Strategies Inc. Raises Stake in iShares Gold Trust $IAU

Deane Retirement Strategies Inc. lifted its stake in iShares Gold Trust (NYSEARCA:IAU) by 14.2% during the third quarter, HoldingsChannel reports. The firm owned 76,747 shares of the exchange traded fund’s stock after purchasing an additional 9,567 shares during the period. iShares Gold Trust accounts for about 2.4% of Deane Retirement Strategies Inc.’s holdings, making the stock its 15th largest position. Deane Retirement Strategies Inc.’s holdings in iShares Gold Trust were worth $5,582,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its position in iShares Gold Trust by 24.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 126,633 shares of the exchange traded fund’s stock valued at $9,215,000 after buying an additional 25,146 shares during the period. Leonard Rickey Investment Advisors P.L.L.C. raised its stake in shares of iShares Gold Trust by 0.3% during the third quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 253,270 shares of the exchange traded fund’s stock valued at $18,430,000 after acquiring an additional 824 shares in the last quarter. CJM Wealth Advisers Ltd. bought a new stake in shares of iShares Gold Trust during the third quarter valued at approximately $227,000. Patton Fund Management Inc. boosted its holdings in shares of iShares Gold Trust by 3.1% in the third quarter. Patton Fund Management Inc. now owns 118,328 shares of the exchange traded fund’s stock valued at $8,611,000 after purchasing an additional 3,505 shares during the period. Finally, Market Street Wealth Management Advisors LLC bought a new position in iShares Gold Trust in the third quarter worth approximately $230,000. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Up 2.3%

IAU opened at $83.59 on Tuesday. The stock’s fifty day moving average is $78.25 and its two-hundred day moving average is $70.15. The company has a market capitalization of $68.89 billion, a P/E ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a 52 week low of $49.00 and a 52 week high of $83.66.

Key iShares Gold Trust News

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

• Positive Sentiment: Record‑high gold driven by geopolitical risk is boosting safe‑haven demand, directly supporting IAU’s price. Read More.
• Positive Sentiment: Large sovereign/sovereign‑adjacent bullion flows — notably China’s near‑$1bn November purchase from Russia — point to sustained physical demand that favors gold ETFs like IAU. Read More.
• Positive Sentiment: Major bank price calls are increasingly bullish (JPMorgan’s very high target), which can drive investor flows into gold ETFs on both fundamentals and momentum. Read More.
• Positive Sentiment: Gold price momentum and technical breakouts, coupled with softer inflation/Fed‑pause bets, are encouraging trend‑following flows into bullion and related ETFs. Read More.
• Neutral Sentiment: General investor education pieces explain routes into gold (futures, coins, ETFs); useful for longer‑term demand but not an immediate catalyst. Read More.
• Neutral Sentiment: Fintech move toward tokenized/biometric wallets for gold could expand digital distribution of gold products over time, but impact on IAU is uncertain. Read More.

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).