Blue Trust Inc. Invests $185,000 in iShares Gold Trust Micro (NYSEARCA:IAUM)

Blue Trust Inc. acquired a new position in iShares Gold Trust Micro (NYSEARCA:IAUM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,035 shares of the company’s stock, valued at approximately $185,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fielder Capital Group LLC grew its stake in shares of iShares Gold Trust Micro by 36.0% in the second quarter. Fielder Capital Group LLC now owns 236,357 shares of the company’s stock worth $5,483,000 after acquiring an additional 62,548 shares during the last quarter. Sinecera Capital LLC grew its stake in shares of iShares Gold Trust Micro by 2.4% in the second quarter. Sinecera Capital LLC now owns 64,322 shares of the company’s stock worth $1,488,000 after acquiring an additional 1,478 shares during the last quarter. Deane Retirement Strategies Inc. grew its stake in shares of iShares Gold Trust Micro by 22.4% in the third quarter. Deane Retirement Strategies Inc. now owns 2,654 shares of the company’s stock worth $70,000 after acquiring an additional 485 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in shares of iShares Gold Trust Micro by 14.9% in the third quarter. Exchange Traded Concepts LLC now owns 6,213 shares of the company’s stock worth $163,000 after acquiring an additional 808 shares during the last quarter. Finally, MorganRosel Wealth Management LLC grew its stake in shares of iShares Gold Trust Micro by 1.8% in the third quarter. MorganRosel Wealth Management LLC now owns 325,226 shares of the company’s stock worth $8,537,000 after acquiring an additional 5,873 shares during the last quarter.

iShares Gold Trust Micro Stock Performance

Shares of iShares Gold Trust Micro stock opened at $27.36 on Friday. The company’s fifty day simple moving average is $25.92 and its 200-day simple moving average is $24.43. iShares Gold Trust Micro has a 1 year low of $19.30 and a 1 year high of $27.42.

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.