NewEdge Advisors LLC decreased its holdings in iShares Gold Trust Micro (NYSEARCA:IAUM – Free Report) by 75.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,596 shares of the company’s stock after selling 26,325 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Gold Trust Micro were worth $401,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. AlphaCore Capital LLC increased its holdings in iShares Gold Trust Micro by 9.5% during the fourth quarter. AlphaCore Capital LLC now owns 751,834 shares of the company’s stock valued at $32,321,000 after buying an additional 65,196 shares during the last quarter. World Investment Advisors raised its position in iShares Gold Trust Micro by 5.5% in the fourth quarter. World Investment Advisors now owns 231,326 shares of the company’s stock worth $9,678,000 after acquiring an additional 12,141 shares during the period. Meridian Wealth Management LLC purchased a new position in shares of iShares Gold Trust Micro during the 4th quarter worth $680,000. Sound Portfolio Advisors LLC purchased a new position in shares of iShares Gold Trust Micro during the 4th quarter worth $919,000. Finally, Bank of America Corp DE grew its position in shares of iShares Gold Trust Micro by 17.1% during the 1st quarter. Bank of America Corp DE now owns 3,424,139 shares of the company’s stock valued at $159,907,000 after acquiring an additional 499,962 shares during the period.
iShares Gold Trust Micro Price Performance
Shares of IAUM stock opened at $45.99 on Friday. iShares Gold Trust Micro has a 1 year low of $33.19 and a 1 year high of $55.27. The firm has a fifty day moving average price of $41.59 and a 200-day moving average price of $45.31.
iShares Gold Trust Micro Company Profile
The iShares Gold Trust Micro (IAUM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in vaults. IAUM was launched on Jun 15, 2021 and is managed by BlackRock.
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