United Community Bank Sells 28,982 Shares of iShares Gold Trust Micro $IAUM

United Community Bank lowered its holdings in iShares Gold Trust Micro (NYSEARCA:IAUM) by 7.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 347,362 shares of the company’s stock after selling 28,982 shares during the quarter. iShares Gold Trust Micro accounts for about 4.5% of United Community Bank’s investment portfolio, making the stock its 2nd biggest position. United Community Bank owned about 0.22% of iShares Gold Trust Micro worth $13,898,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its holdings in iShares Gold Trust Micro by 15.4% during the first quarter. NewEdge Advisors LLC now owns 30,731 shares of the company’s stock valued at $958,000 after purchasing an additional 4,108 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of iShares Gold Trust Micro in the 1st quarter worth approximately $7,793,000. Cerity Partners LLC lifted its position in shares of iShares Gold Trust Micro by 4.3% during the 2nd quarter. Cerity Partners LLC now owns 18,283 shares of the company’s stock worth $603,000 after buying an additional 750 shares during the period. Raymond James Financial Inc. lifted its position in shares of iShares Gold Trust Micro by 29.2% during the 2nd quarter. Raymond James Financial Inc. now owns 150,685 shares of the company’s stock worth $4,971,000 after buying an additional 34,072 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of iShares Gold Trust Micro during the 2nd quarter worth approximately $13,766,000.

iShares Gold Trust Micro Trading Up 1.9%

Shares of NYSEARCA:IAUM opened at $44.59 on Friday. The business’s fifty day moving average price is $42.18 and its two-hundred day moving average price is $45.01. iShares Gold Trust Micro has a fifty-two week low of $35.25 and a fifty-two week high of $55.27.

About iShares Gold Trust Micro

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.