NavPoint Financial Inc. Buys New Shares in iShares Gold Trust Micro (NYSEARCA:IAUM)

NavPoint Financial Inc. bought a new position in iShares Gold Trust Micro (NYSEARCA:IAUM) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 18,020 shares of the company’s stock, valued at approximately $371,000.

Other institutional investors have also bought and sold shares of the company. Theory Financial LLC raised its position in shares of iShares Gold Trust Micro by 5.1% during the third quarter. Theory Financial LLC now owns 189,170 shares of the company’s stock valued at $3,490,000 after buying an additional 9,121 shares during the last quarter. Brookstone Capital Management bought a new stake in iShares Gold Trust Micro in the 4th quarter valued at $403,000. Atria Investments Inc lifted its stake in iShares Gold Trust Micro by 23.5% in the 3rd quarter. Atria Investments Inc now owns 106,841 shares of the company’s stock worth $1,971,000 after purchasing an additional 20,317 shares in the last quarter. Ardent Capital Management Inc. purchased a new position in shares of iShares Gold Trust Micro during the third quarter valued at about $526,000. Finally, Rooted Wealth Advisors Inc. increased its holdings in shares of iShares Gold Trust Micro by 11.5% in the third quarter. Rooted Wealth Advisors Inc. now owns 25,150 shares of the company’s stock worth $497,000 after purchasing an additional 2,602 shares during the last quarter.

iShares Gold Trust Micro Price Performance

Shares of NYSEARCA:IAUM traded down $0.02 during mid-day trading on Friday, reaching $22.97. The stock had a trading volume of 1,901,966 shares, compared to its average volume of 906,963. iShares Gold Trust Micro has a 1 year low of $18.11 and a 1 year high of $24.26. The business’s 50 day moving average price is $22.33 and its 200 day moving average price is $20.88.

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.