Pineridge Advisors LLC Sells 744 Shares of iShares Gold Trust Micro (NYSEARCA:IAUM)

Pineridge Advisors LLC reduced its holdings in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 9.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,970 shares of the company’s stock after selling 744 shares during the period. Pineridge Advisors LLC’s holdings in iShares Gold Trust Micro were worth $162,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IAUM. NavPoint Financial Inc. bought a new position in shares of iShares Gold Trust Micro in the fourth quarter worth about $371,000. Fielder Capital Group LLC purchased a new position in iShares Gold Trust Micro during the fourth quarter valued at approximately $2,374,000. Rooted Wealth Advisors Inc. boosted its position in shares of iShares Gold Trust Micro by 6.0% in the fourth quarter. Rooted Wealth Advisors Inc. now owns 26,666 shares of the company’s stock worth $542,000 after purchasing an additional 1,516 shares during the period. Theory Financial LLC boosted its position in shares of iShares Gold Trust Micro by 1.4% in the fourth quarter. Theory Financial LLC now owns 191,904 shares of the company’s stock worth $3,953,000 after purchasing an additional 2,734 shares during the period. Finally, Oarsman Capital Inc. boosted its position in shares of iShares Gold Trust Micro by 14.8% in the fourth quarter. Oarsman Capital Inc. now owns 71,707 shares of the company’s stock worth $1,477,000 after purchasing an additional 9,220 shares during the period.

iShares Gold Trust Micro Stock Performance

Shares of IAUM traded up $0.30 during mid-day trading on Friday, reaching $25.05. The stock had a trading volume of 1,673,809 shares, compared to its average volume of 1,211,306. iShares Gold Trust Micro has a 12 month low of $18.11 and a 12 month high of $25.25. The business has a fifty day moving average of $23.97 and a 200 day moving average of $22.93.

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.