Blue Trust Inc. Decreases Stake in iShares Gold Trust Micro $IAUM

Blue Trust Inc. lowered its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 8.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,606,389 shares of the company’s stock after selling 143,845 shares during the quarter. iShares Gold Trust Micro accounts for 0.9% of Blue Trust Inc.’s holdings, making the stock its 22nd biggest position. Blue Trust Inc.’s holdings in iShares Gold Trust Micro were worth $75,018,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Sumitomo Mitsui Trust Group Inc. boosted its position in iShares Gold Trust Micro by 21.0% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 21,934,927 shares of the company’s stock worth $942,983,000 after purchasing an additional 3,800,000 shares during the last quarter. Bank of America Corp DE increased its holdings in iShares Gold Trust Micro by 22.0% during the third quarter. Bank of America Corp DE now owns 2,703,033 shares of the company’s stock worth $104,067,000 after buying an additional 487,434 shares during the last quarter. Vident Advisory LLC increased its holdings in iShares Gold Trust Micro by 116.9% during the fourth quarter. Vident Advisory LLC now owns 1,711,783 shares of the company’s stock worth $73,590,000 after buying an additional 922,584 shares during the last quarter. Heck Capital Advisors LLC increased its holdings in iShares Gold Trust Micro by 69.0% during the fourth quarter. Heck Capital Advisors LLC now owns 1,203,191 shares of the company’s stock worth $51,725,000 after buying an additional 491,191 shares during the last quarter. Finally, Asset Management One Co. Ltd. raised its position in iShares Gold Trust Micro by 292.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 1,190,031 shares of the company’s stock worth $51,409,000 after acquiring an additional 886,737 shares during the period.

iShares Gold Trust Micro Trading Down 3.1%

IAUM opened at $39.73 on Thursday. iShares Gold Trust Micro has a twelve month low of $32.46 and a twelve month high of $55.27. The company’s 50-day moving average price is $44.93 and its two-hundred day moving average price is $46.44.

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.