MGO One Seven LLC Raises Stock Holdings in iShares Gold Trust Micro $IAUM

MGO One Seven LLC boosted its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 6.2% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 205,050 shares of the company’s stock after acquiring an additional 11,950 shares during the quarter. MGO One Seven LLC owned about 0.15% of iShares Gold Trust Micro worth $7,894,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of iShares Gold Trust Micro by 39.8% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,300,000 shares of the company’s stock worth $306,807,000 after purchasing an additional 2,650,000 shares during the period. AlTi Global Inc. purchased a new position in iShares Gold Trust Micro during the 2nd quarter worth approximately $46,193,000. Blue Trust Inc. lifted its stake in iShares Gold Trust Micro by 2,907.8% during the 2nd quarter. Blue Trust Inc. now owns 1,385,449 shares of the company’s stock valued at $45,706,000 after acquiring an additional 1,339,387 shares during the period. Heck Capital Advisors LLC purchased a new stake in shares of iShares Gold Trust Micro in the 3rd quarter valued at $27,412,000. Finally, Vident Advisory LLC acquired a new stake in shares of iShares Gold Trust Micro in the second quarter worth $22,029,000.

iShares Gold Trust Micro Stock Up 0.7%

Shares of IAUM opened at $44.94 on Monday. The business’s 50-day moving average is $42.28 and its two-hundred day moving average is $38.17. iShares Gold Trust Micro has a fifty-two week low of $26.50 and a fifty-two week high of $45.36.

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.