GM Advisory Group LLC Boosts Stock Position in iShares Gold Trust $IAU

Posted by ABMN Staff on Jul 5th, 2026

GM Advisory Group LLC increased its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 2.8% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,569,661 shares of the exchange traded fund’s stock after purchasing an additional 42,385 shares during the period. iShares Gold Trust makes up approximately 5.3% of GM Advisory Group LLC’s holdings, making the stock its 3rd largest position. GM Advisory Group LLC owned 0.18% of iShares Gold Trust worth $138,381,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares Gold Trust during the first quarter worth approximately $26,000. Fairway Wealth LLC grew its stake in shares of iShares Gold Trust by 525.0% in the first quarter. Fairway Wealth LLC now owns 300 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 252 shares during the last quarter. Godfrey Financial Associates Inc. bought a new position in iShares Gold Trust during the fourth quarter worth $25,000. Rossby Financial LCC increased its position in iShares Gold Trust by 75.7% during 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 acquired a new position in iShares Gold Trust during the 4th quarter valued at $26,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of iShares Gold Trust stock opened at $77.51 on Friday. iShares Gold Trust has a fifty-two week low of $61.60 and a fifty-two week high of $104.40. The firm has a fifty day moving average price of $82.89 and a two-hundred day moving average price of $87.46. The company has a market cap of $64.02 billion, a PE ratio of 5.53 and a beta of 0.18.

More iShares Gold Trust News

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

Positive Sentiment: Gold prices jumped after the softer U.S. employment data, boosting demand for gold-backed ETFs like IAU as rate-cut hopes and lower yields improved the appeal of non-yielding assets. Gold nears $4,200 as dollar slips after weak jobs data – Kitco AM Report
Positive Sentiment: Market commentary pointed to central bank buying, ETF inflows, and diversification demand as ongoing structural support for gold, reinforcing the bullish case for IAU. Central banks boost gold reserves with net 41 tonnes purchased in May – World Gold Council
Positive Sentiment: Several strategists said gold’s recovery above key technical levels signals stabilization and leaves room for further upside if the recent rebound continues. Gold (XAU/USD) Price Forecast: Above Trendline Signals Recovery
Neutral Sentiment: Reports noted that holiday-weekend trading has been thin, which can exaggerate price moves but does not change the broader gold thesis. Gold Weekly Price Analysis – Gold Extends Weekly Gains as Weak Thursday Jobs Fuel Cut Bets
Negative Sentiment: Some analysts warned that high U.S. interest rates and a stronger dollar can still cap gold’s upside, limiting how far IAU can run if macro conditions reverse. ‘We anticipate further upside for gold by year-end’ – HSBC’s Sels and Ku

iShares Gold Trust Company Profile

(Free Report)

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).