Beacon Investment Advisory Services Inc. Has $76.95 Million Position in iShares Gold Trust $IAU

Beacon Investment Advisory Services Inc. increased its position in iShares Gold Trust (NYSEARCA:IAU) by 4.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,019,061 shares of the exchange traded fund’s stock after acquiring an additional 47,402 shares during the quarter. iShares Gold Trust comprises 2.9% of Beacon Investment Advisory Services Inc.’s investment portfolio, making the stock its 4th largest holding. Beacon Investment Advisory Services Inc. owned approximately 0.12% of iShares Gold Trust worth $76,949,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IAU. Merkkuri Wealth Advisors LLC bought a new position in iShares Gold Trust in the 1st quarter worth approximately $26,000. Fairway Wealth LLC raised its holdings in iShares Gold Trust by 525.0% during the 1st quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 252 shares during the period. Godfrey Financial Associates Inc. bought a new position in shares of iShares Gold Trust in the fourth quarter worth $25,000. Rossby Financial LCC boosted its holdings in shares of iShares Gold Trust by 75.7% in the fourth quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 140 shares during the period. Finally, Monetary Solutions Ltd purchased a new position in shares of iShares Gold Trust in the fourth quarter valued at $26,000. 59.67% of the stock is currently owned by institutional investors.

Key iShares Gold Trust News

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

• Positive Sentiment: U.S. employers reportedly cut 23,000 jobs in July, substantially missing expectations. The soft data increased bets on a more dovish Fed and helped gold advance toward $4,350 an ounce. Gold prices surging higher as U.S. economy loses 23k jobs in July
• Positive Sentiment: Lower Treasury yields and a weaker dollar are supporting precious metals, while traders are positioning for easier monetary policy. Investors have also purchased roughly $180 million in bullish gold call options, signaling renewed optimism. Gold rallies as traders bet on dovish Fed
• Positive Sentiment: The People’s Bank of China extended its gold-buying streak to 21 consecutive months, with its latest purchase the largest since 2023. Persistent central-bank demand provides fundamental support for gold and IAU. PBOC boosts gold buying
• Positive Sentiment: Gold-backed ETFs recorded net inflows in July, ending two months of outflows, suggesting institutional and retail investors are beginning to return to the asset class. Gold market sees positive ETF inflows in July
• Neutral Sentiment: Technical analysts view the breakout as constructive, but gold faces resistance around $4,382–$4,392 and higher targets near $4,494 or $4,500 could prove difficult without sustained momentum. Gold price forecast: breakout builds toward key resistance
• Negative Sentiment: Some investors took profits when oil prices, Treasury yields and the dollar strengthened, creating a short-term risk of pullback for gold and IAU. A new study also questions gold’s reliability as a direct inflation hedge. Investors take profits in gold and silver

iShares Gold Trust Stock Performance

Shares of NYSEARCA IAU opened at $81.68 on Friday. iShares Gold Trust has a fifty-two week low of $62.48 and a fifty-two week high of $104.40. The stock has a market cap of $67.46 billion, a PE ratio of 5.53 and a beta of 0.18. The stock has a fifty day moving average of $78.09 and a 200-day moving average of $86.28.

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).