NewEdge Advisors LLC Lowers Stock Position in iShares Gold Trust Micro $IAUM

NewEdge Advisors LLC cut its stake in iShares Gold Trust Micro (NYSEARCA:IAUM) by 75.4% during the first quarter, HoldingsChannel reports. 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 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Rooted Wealth Advisors Inc. boosted its holdings in iShares Gold Trust Micro by 0.8% in the fourth quarter. Rooted Wealth Advisors Inc. now owns 24,242 shares of the company’s stock worth $1,042,000 after acquiring an additional 203 shares in the last quarter. Bedminster LLC grew its holdings in iShares Gold Trust Micro by 3.3% during the first quarter. Bedminster LLC now owns 6,832 shares of the company’s stock worth $319,000 after acquiring an additional 218 shares during the period. Beckerman Institutional LLC increased its holdings in shares of iShares Gold Trust Micro by 2.9% during the 4th quarter. Beckerman Institutional LLC now owns 8,977 shares of the company’s stock valued at $386,000 after purchasing an additional 252 shares in the last quarter. NBC Securities Inc. raised its position in shares of iShares Gold Trust Micro by 19.8% in the fourth quarter. NBC Securities Inc. now owns 1,902 shares of the company’s stock worth $82,000 after acquiring an additional 314 shares during the period. Finally, CAP Partners LLC raised its holdings in iShares Gold Trust Micro by 4.7% in the 4th quarter. CAP Partners LLC now owns 9,543 shares of the company’s stock worth $410,000 after purchasing an additional 429 shares during the period.

iShares Gold Trust Micro Price Performance

iShares Gold Trust Micro stock opened at $40.38 on Tuesday. The company’s fifty day moving average price is $41.59 and its 200 day moving average price is $45.81. iShares Gold Trust Micro has a 1 year low of $33.06 and a 1 year high of $55.27.

iShares Gold Trust Micro 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.