Merit Financial Group LLC Has $42.09 Million Position in iShares Gold Trust $IAU

Merit Financial Group LLC grew its position in iShares Gold Trust (NYSEARCA:IAU) by 64.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 578,361 shares of the exchange traded fund’s stock after purchasing an additional 227,485 shares during the period. Merit Financial Group LLC owned about 0.07% of iShares Gold Trust worth $42,087,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Keener Financial Planning LLC bought a new stake in shares of iShares Gold Trust in the 2nd quarter valued at $25,000. MTM Investment Management LLC bought a new stake in shares of iShares Gold Trust in the second quarter worth about $25,000. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares Gold Trust during the third quarter worth about $25,000. Private Wealth Management Group LLC lifted its holdings in shares of iShares Gold Trust by 290.9% during the 2nd quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 320 shares in the last quarter. Finally, Key Financial Inc acquired a new position in shares of iShares Gold Trust in the 2nd quarter valued at approximately $28,000. 59.67% of the stock is owned by institutional investors.

More iShares Gold Trust News

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

• Positive Sentiment: Geopolitical risk and safe‑haven demand are pushing bullion higher, supporting IAU flows and NAV. Recent events in Venezuela and related market reactions have been cited as a key catalyst for renewed precious‑metals buying. Read More.
• Positive Sentiment: Fed rate‑cut expectations and falling real yields are improving gold’s carry outlook and attractiveness versus bonds, a macro tailwind for IAU. Read More.
• Positive Sentiment: Central‑bank buying remains robust (World Gold Council/Kitco reporting of meaningful monthly purchases), tightening available bullion and underpinning price support for physical‑backed ETFs like IAU. Read More.
• Positive Sentiment: Technical and market‑research notes show a reasserting bull trend and bullish price forecasts that increase momentum flows into gold products, which typically lifts IAU. Read More.
• Neutral Sentiment: Company‑level mining updates (GoldStone, ECR, Oriole and others) are moving small‑cap equities but have limited direct impact on IAU — the ETF tracks spot gold, so miner production news matters only to the extent it changes supply expectations. Read More. | Read More. | Read More.
• Negative Sentiment: Some outlets flagged short, likely technical pullbacks and profit‑taking following sharp gains; such corrections can weigh on near‑term ETF flows and create intraday volatility for IAU. Read More.

iShares Gold Trust Stock Up 1.1%

iShares Gold Trust stock opened at $84.62 on Wednesday. iShares Gold Trust has a twelve month low of $49.88 and a twelve month high of $85.68. The company has a 50 day moving average of $79.33 and a 200-day moving average of $71.68. The stock has a market capitalization of $71.28 billion, a PE ratio of 5.53 and a beta of 0.09.

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).