Myriad Asset Management Advisors LLC Takes Position in iShares Gold Trust Micro $IAUM

Myriad Asset Management Advisors LLC purchased a new stake in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 893,246 shares of the company’s stock, valued at approximately $38,401,000. iShares Gold Trust Micro accounts for approximately 11.8% of Myriad Asset Management Advisors LLC’s portfolio, making the stock its biggest holding. Myriad Asset Management Advisors LLC owned about 0.59% of iShares Gold Trust Micro as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Decker Retirement Planning Inc. acquired a new position in shares of iShares Gold Trust Micro during the fourth quarter valued at $28,000. US Bancorp DE acquired a new position in shares of iShares Gold Trust Micro during the third quarter valued at $28,000. Tradewinds Capital Management LLC boosted its holdings in shares of iShares Gold Trust Micro by 58.0% during the fourth quarter. Tradewinds Capital Management LLC now owns 1,100 shares of the company’s stock valued at $47,000 after acquiring an additional 404 shares during the period. Asset Dedication LLC acquired a new position in shares of iShares Gold Trust Micro during the fourth quarter valued at $47,000. Finally, Imprint Wealth LLC acquired a new position in shares of iShares Gold Trust Micro during the third quarter valued at $44,000.

iShares Gold Trust Micro Stock Performance

Shares of NYSEARCA IAUM opened at $40.68 on Thursday. iShares Gold Trust Micro has a fifty-two week low of $32.46 and a fifty-two week high of $55.27. The firm’s 50-day simple moving average is $45.95 and its 200 day simple moving average is $46.42.

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.