Mayflower Financial Advisors LLC Takes Position in iShares Gold Trust Micro $IAUM

Mayflower Financial Advisors LLC purchased a new stake in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 14,969 shares of the company’s stock, valued at approximately $494,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Cedar Point Capital Partners LLC raised its stake in shares of iShares Gold Trust Micro by 13.2% during the second quarter. Cedar Point Capital Partners LLC now owns 36,424 shares of the company’s stock valued at $1,202,000 after acquiring an additional 4,255 shares in the last quarter. Rossby Financial LCC raised its stake in shares of iShares Gold Trust Micro by 1,558.6% during the second quarter. Rossby Financial LCC now owns 1,161 shares of the company’s stock valued at $38,000 after acquiring an additional 1,091 shares in the last quarter. MorganRosel Wealth Management LLC raised its stake in iShares Gold Trust Micro by 8.6% in the second quarter. MorganRosel Wealth Management LLC now owns 299,558 shares of the company’s stock worth $9,882,000 after buying an additional 23,765 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Gold Trust Micro by 1,332.2% in the second quarter. Envestnet Asset Management Inc. now owns 104,735 shares of the company’s stock worth $3,455,000 after buying an additional 97,422 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in iShares Gold Trust Micro by 39.8% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,300,000 shares of the company’s stock worth $306,807,000 after buying an additional 2,650,000 shares in the last quarter.

iShares Gold Trust Micro Price Performance

Shares of NYSEARCA:IAUM opened at $39.32 on Thursday. iShares Gold Trust Micro has a 52 week low of $25.51 and a 52 week high of $43.68. The firm has a 50 day moving average of $37.83 and a 200 day moving average of $34.83.

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.