Cornerstone Planning Group LLC grew its stake in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 2,249.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,864 shares of the exchange traded fund’s stock after acquiring an additional 21,891 shares during the quarter. Cornerstone Planning Group LLC’s holdings in iShares Gold Trust were worth $1,733,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Keener Financial Planning LLC acquired a new position in iShares Gold Trust during the second quarter worth approximately $25,000. MTM Investment Management LLC acquired a new position in iShares Gold Trust during the second quarter valued at approximately $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 acquiring an additional 320 shares in the last quarter. Key Financial Inc acquired a new position in shares of iShares Gold Trust during the 2nd quarter valued at $28,000. Finally, Mountain Hill Investment Partners Corp. purchased a new stake in iShares Gold Trust during the 3rd quarter worth $29,000. 59.67% of the stock is currently owned by hedge funds and other institutional investors.
iShares Gold Trust News Summary
Here are the key news stories impacting iShares Gold Trust this week:
- Positive Sentiment: Major banks maintain long‑term bullish targets for gold (supporting eventual recovery and institutional demand). Read More.
- Positive Sentiment: Analysts and strategists say the sharp correction is a reset, not a break of the bull case — this narrative can attract medium‑term buyers for IAU. Read More.
- Positive Sentiment: Technical dip‑buying and early rebounds have been observed, suggesting short‑term support attempts that could limit further downside. Read More.
- Neutral Sentiment: Commentary frames the move as extreme volatility driven by positioning rather than fundamentals — implies potential for large intraday swings without signaling a clear trend reversal. Read More.
- Neutral Sentiment: Technical analysts point to specific support zones where bulls may try to build a base; outcome will depend on next macro data and dollar action. Read More.
- Negative Sentiment: Nomination of Kevin Warsh for Fed chair and the resulting expectation of tighter policy/dollar strength are cited as the primary triggers for the metals rout, pressuring IAU today. Read More.
- Negative Sentiment: Liquidation and steep one‑day plunges in silver and gold sparked forced selling and heavier volume across miners and ETFs, amplifying downward pressure on IAU. Read More.
- Negative Sentiment: Market commentary warns of continued near‑term volatility and the risk of further downside if buyers fail to hold key technical support. Read More.
iShares Gold Trust Trading Down 4.0%
About iShares Gold Trust
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).
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