Sanctuary Advisors LLC Trims Stock Position in iShares Gold Trust Micro $IAUM

Sanctuary Advisors LLC cut its stake in iShares Gold Trust Micro (NYSEARCA:IAUM) by 48.4% in the 1st quarter, Holdings Channel reports. The firm owned 419,754 shares of the company’s stock after selling 394,230 shares during the period. Sanctuary Advisors LLC’s holdings in iShares Gold Trust Micro were worth $19,603,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Beckerman Institutional LLC boosted its stake in shares of iShares Gold Trust Micro by 11.9% during the 1st quarter. Beckerman Institutional LLC now owns 10,043 shares of the company’s stock valued at $469,000 after purchasing an additional 1,066 shares in the last quarter. International Assets Investment Management LLC bought a new position in iShares Gold Trust Micro in the first quarter worth about $36,000. Capital Squared Financial LLC purchased a new stake in iShares Gold Trust Micro in the first quarter worth about $213,000. Fifth Third Bancorp lifted its holdings in iShares Gold Trust Micro by 4.7% in the first quarter. Fifth Third Bancorp now owns 834,143 shares of the company’s stock worth $38,954,000 after buying an additional 37,074 shares during the period. Finally, Walled Lake Planning & Wealth Management LLC lifted its holdings in iShares Gold Trust Micro by 66.4% in the first quarter. Walled Lake Planning & Wealth Management LLC now owns 24,358 shares of the company’s stock worth $1,138,000 after buying an additional 9,722 shares during the period.

iShares Gold Trust Micro Stock Up 0.0%

iShares Gold Trust Micro stock opened at $40.41 on Thursday. iShares Gold Trust Micro has a fifty-two week low of $32.58 and a fifty-two week high of $55.27. The stock’s 50 day simple moving average is $43.03 and its two-hundred day simple moving average is $46.17.

iShares Gold Trust Micro Company 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.