Sheridan Capital Management LLC Invests $1.66 Million in iShares Gold Trust $IAU

Sheridan Capital Management LLC bought a new stake in iShares Gold Trust (NYSEARCA:IAU) in the 3rd quarter, Holdings Channel.com reports. The fund bought 22,751 shares of the exchange traded fund’s stock, valued at approximately $1,656,000. iShares Gold Trust accounts for about 0.9% of Sheridan Capital Management LLC’s investment portfolio, making the stock its 22nd largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IAU. Keener Financial Planning LLC purchased a new position in shares of iShares Gold Trust during the second quarter worth $25,000. MTM Investment Management LLC acquired a new position in iShares Gold Trust during the 2nd quarter worth about $25,000. Private Wealth Management Group LLC boosted its holdings in iShares Gold Trust by 290.9% during the 2nd quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 320 shares during the period. Key Financial Inc acquired a new position in iShares Gold Trust in the 2nd 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. Hedge funds and other institutional investors own 59.67% of the company’s stock.

Key iShares Gold Trust News

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

• Positive Sentiment: UBS says gold should continue rising after hitting fresh record highs, supporting a longer-term bullish case for gold exposures such as IAU. Gold prices will keep rising on macroeconomics and geopolitical risk – UBS
• Positive Sentiment: Technical/market research notes that bulls still control near-record levels and that shallow pullbacks have been buying opportunities—arguing that dips in IAU could be bought by trend-following investors. Gold (XAU/USD) Price Forecast: Bulls Hold Control Near Record Levels
• Neutral Sentiment: CME Group commentary highlights factors investors should watch for relative-value decisions in precious metals this year (macro, rates, and flows), which could influence IAU flows but are not an immediate directional trigger. Key factors for investors seeking relative value in precious metals in 2026 – CME Group’s Norland
• Neutral Sentiment: Silver’s rally and record prints have been driving headlines; cross-metal dynamics can affect gold ETFs but silver strength is an adjacent story rather than a direct cause of today’s IAU move. Silver leading gold as both hit new record highs on safe-haven demand
• Negative Sentiment: FXEmpire reports gold slipped below $4,600 as a stronger U.S. dollar and calming U.S.–Iran tensions reduced safe-haven demand—primary drivers for today’s softness in IAU. Gold (XAUUSD) & Silver Price Forecast: Strong DXY, Iran Calm Push Metals Toward $4,600 and $90 Support
• Negative Sentiment: Market reports link a firmer dollar after U.S. labor data (jobless claims) and manufacturing surprises to recent bullion weakness; stronger dollar typically pressures IAU shares. Gold and Silver Consolidate After US Jobless Claims Data and Easing Iran Tensions
• Negative Sentiment: WSJ and market commentary point to a mild technical correction and easing geopolitical risk that trimmed immediate safe-haven demand, prompting short-term profit-taking in gold and related ETFs like IAU. Gold Edges Lower Amid Abating Geopolitical Risks

iShares Gold Trust Stock Performance

Shares of IAU opened at $86.71 on Friday. The company’s 50-day simple moving average is $80.82 and its 200-day simple moving average is $72.67. iShares Gold Trust has a 1 year low of $50.96 and a 1 year high of $87.43. The stock has a market capitalization of $72.81 billion, a PE ratio of 5.53 and a beta of 0.09.

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).