Rakuten Investment Management Inc. Takes $5.24 Million Position in iShares Gold Trust $IAU

Rakuten Investment Management Inc. purchased a new stake in shares of iShares Gold Trust (NYSEARCA:IAU) in the third quarter, Holdings Channel reports. The firm purchased 72,574 shares of the exchange traded fund’s stock, valued at approximately $5,237,000.

A number of other hedge funds have also bought and sold shares of IAU. Keener Financial Planning LLC bought a new position in iShares Gold Trust in the 2nd quarter valued at $25,000. MTM Investment Management LLC purchased a new position in shares of iShares Gold Trust in the 2nd quarter worth about $25,000. Private Wealth Management Group LLC boosted its holdings in shares of iShares Gold Trust by 290.9% in the 2nd quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 320 shares during the last quarter. Key Financial Inc bought a new position in iShares Gold Trust during the second quarter valued at about $28,000. Finally, Mountain Hill Investment Partners Corp. purchased a new stake in iShares Gold Trust during the third quarter worth about $29,000. 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: Goldman Sachs raised its 2026 gold price target to $5,400/oz, a high-profile forecast that supports institutional bullishness and can drive ETF inflows into products like IAU. Goldman Sachs raises 2026 gold price target to $5,400/oz as private sector joins central bank diversification strategy
• Positive Sentiment: Technical breakout and momentum plays: analysts report gold has broken resistance and is targeting the next major resistance zone (analysts name $5,000 as a focal target), which encourages momentum-driven buying in bullion and related ETFs. Gold (XAU/USD) Price Forecast: Breakout Targets Next Resistance Zone
• Positive Sentiment: Dollar weakness is supporting precious metals — several market pieces note a retreat in the US dollar that has helped lift gold toward ~$4,900, a direct tailwind for IAU. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Towards $4900 As Dollar Retreats
• Positive Sentiment: ETF demand and record flows: coverage shows gold ETFs continuing to set records and attract investor flows as bullion breaks new highs — supportive for IAU’s price and assets under management. Gold ETF Still Breaking Records After Capping Best Year Ever
• Neutral Sentiment: Inflation remains sticky and gold is holding support above $4,800 — that backdrop keeps gold attractive as an inflation hedge, but sticky inflation also complicates Fed policy expectations (mixed implication for risk assets vs gold). Inflation remains sticky but gold prices hold support above $4,800
• Neutral Sentiment: Market commentary and intra-day technical levels show active trader interest and frequent short-term reversals — useful for volatility but not always directional for ETF flows. Gold market analysis for January 22 – key intra-day price entry levels for active traders
• Negative Sentiment: Easing geopolitical tensions (U.S.-Europe over Greenland) and related headlines briefly reduced gold’s safe-haven bid in some sessions, which can cause pullbacks in IAU. Gold Falls Amid Easing U.S.-Europe Tensions Over Greenland
• Negative Sentiment: Stronger US macro prints (e.g., a higher Q3 GDP print, resilient labor market) can undercut safe?haven flows and raise real-rate expectations, which may cap gold gains and weigh on IAU in the short term. Gold session highs; US final Q3 GDP rises 4.4%

iShares Gold Trust Stock Up 1.9%

IAU opened at $92.56 on Friday. The stock has a market cap of $77.80 billion, a price-to-earnings ratio of 5.53 and a beta of 0.09. iShares Gold Trust has a twelve month low of $51.52 and a twelve month high of $92.78. The company’s 50-day moving average price is $81.97 and its two-hundred day moving average price is $73.58.

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).