Synergy Investment Management LLC Invests $4.36 Million in iShares Gold Trust $IAU

Synergy Investment Management LLC bought a new stake in iShares Gold Trust (NYSEARCA:IAU) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 59,931 shares of the exchange traded fund’s stock, valued at approximately $4,361,000. iShares Gold Trust makes up about 1.7% of Synergy Investment Management LLC’s investment portfolio, making the stock its 16th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IAU. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares Gold Trust in the third quarter valued at about $25,000. MTM Investment Management LLC acquired a new position in shares of iShares Gold Trust during the 2nd quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. bought a new stake in shares of iShares Gold Trust during the 3rd quarter worth approximately $29,000. Fourth Dimension Wealth LLC boosted its holdings in shares of iShares Gold Trust by 436.3% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 429 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 349 shares during the last quarter. Finally, Key Financial Inc bought a new position in shares of iShares Gold Trust in the second quarter valued at $28,000. 59.67% of the stock is currently owned by institutional investors and hedge funds.

iShares Gold Trust News Summary

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

• Positive Sentiment: Geopolitical risk is lifting safe-haven demand — growing concerns about a possible U.S.-Iran conflict have supported gold prices, which in turn benefits IAU. Gold Edges Higher Amid Growing Risks of U.S.-Iran Conflict
• Positive Sentiment: Bargain buying and short-covering have lifted spot gold after recent pullbacks, producing quick upside that flows into gold ETFs like IAU. Gold, silver rally on bargain buying
• Positive Sentiment: U.S. economic datapoints (housing starts, durable goods) produced bouts of volatility that pushed spot gold higher intraday — supportive for IAU flows. Spot gold spikes to $4,969/oz after U.S. housing starts rise
• Positive Sentiment: Technical setups: analysts note key supports holding (50‑day and other technical levels) and a bullish structure that could sustain further gains if maintained — a tailwind for ETF demand. Gold and Silver Technical Analysis
• Neutral Sentiment: Gold-miner earnings season (e.g., Newmont) is underway; strong miner reports can lift the sector and help sentiment for miners but have a more indirect effect on bullion ETFs like IAU. Gold Mining Stock Rallying Into This Week’s Earnings
• Negative Sentiment: Hawkish Fed minutes and rising U.S. Treasury yields can push real yields higher and weigh on gold — that dynamic is cited as a near-term headwind even as safe-haven flows offset some pressure. Gold & Silver Price Forecast: Fed Pressure Builds
• Negative Sentiment: Market structure risks: analysts and institutions (e.g., JP Morgan commentary) warn against an extended rally — plus speculative ETF flows in China can increase volatility and produce rapid reversals that could hurt ETF holders. JP Morgan says there’s a case against the gold rally continuing — and it’s wrong ETF Volatility in China Grips Gold

iShares Gold Trust Trading Up 2.2%

Shares of IAU opened at $93.85 on Thursday. The company’s fifty day simple moving average is $88.07 and its 200 day simple moving average is $77.81. iShares Gold Trust has a 1-year low of $53.44 and a 1-year high of $104.40. The company has a market cap of $79.24 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09.

iShares Gold Trust 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).