iShares Gold Trust $IAU Stake Boosted by ABLE Financial Group LLC

ABLE Financial Group LLC boosted its holdings in iShares Gold Trust (NYSEARCA:IAU) by 10.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 120,376 shares of the exchange traded fund’s stock after purchasing an additional 10,938 shares during the quarter. iShares Gold Trust makes up about 1.5% of ABLE Financial Group LLC’s investment portfolio, making the stock its 19th largest holding. ABLE Financial Group LLC’s holdings in iShares Gold Trust were worth $9,401,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. RFG Advisory LLC raised its position in shares of iShares Gold Trust by 35.8% during the 2nd quarter. RFG Advisory LLC now owns 38,956 shares of the exchange traded fund’s stock worth $2,942,000 after purchasing an additional 10,263 shares during the period. Wealth Care LLC acquired a new position in iShares Gold Trust during the 1st quarter valued at approximately $9,270,000. Acorn Financial Advisory Services Inc. ADV boosted its position in iShares Gold Trust by 3.1% during the 1st quarter. Acorn Financial Advisory Services Inc. ADV now owns 483,758 shares of the exchange traded fund’s stock valued at $42,648,000 after purchasing an additional 14,344 shares during the period. Hsbc Holdings PLC boosted its position in iShares Gold Trust by 51.0% during the 4th quarter. Hsbc Holdings PLC now owns 646,402 shares of the exchange traded fund’s stock valued at $52,467,000 after purchasing an additional 218,339 shares during the period. Finally, Contango Wealth Management LLC boosted its position in iShares Gold Trust by 136.0% during the 1st quarter. Contango Wealth Management LLC now owns 18,787 shares of the exchange traded fund’s stock valued at $1,656,000 after purchasing an additional 10,826 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Down 2.0%

IAU traded down $1.57 during trading on Wednesday, reaching $76.68. 2,456,893 shares of the company were exchanged, compared to its average volume of 9,219,073. The stock has a market cap of $60.47 billion, a P/E ratio of 5.53 and a beta of 0.18. The firm has a 50 day moving average of $81.61 and a 200 day moving average of $82.23. iShares Gold Trust has a 52 week low of $73.74 and a 52 week high of $104.40.

Key Headlines Impacting iShares Gold Trust

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

• Positive Sentiment: Gold had shown resilience before the inflation release, supported by earlier declines in the U.S. dollar and Treasury yields. Investment demand for gold-backed ETFs has also remained relatively firm despite elevated yields and a stronger dollar. Gold price needs a dovish Fed or renewed debasement fears to reverse its downtrend – Bank of America
• Neutral Sentiment: Market participants are watching gold’s $4,000–$4,200 demand zone and nearby technical support. A sustained hold could stabilize bullion and IAU, while a break below support would signal additional downside risk. Gold Tests $4,200-$4,000 Demand Zone as CPI Revives Inflation Concerns
• Negative Sentiment: Hotter CPI data pushed gold to session lows and lifted Treasury yields, making interest-bearing assets more attractive relative to bullion. This is the primary near-term driver weighing on IAU. Gold price drops to session lows as U.S. CPI heats up in September
• Negative Sentiment: Planned gold sales by Kazakhstan’s central bank could add supply pressure, while analysts continue to cite high yields and Fed-tightening risks as headwinds for precious metals. Kazakhstan plans gold sales as holdings reach 78% of reserves

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).