iShares Gold Trust Micro $IAUM Stake Lowered by RFG Advisory LLC

RFG Advisory LLC trimmed its stake in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 24.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 198,410 shares of the company’s stock after selling 65,107 shares during the quarter. RFG Advisory LLC’s holdings in iShares Gold Trust Micro were worth $7,938,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in IAUM. Rooted Wealth Advisors Inc. boosted its position in iShares Gold Trust Micro by 0.8% during the 4th quarter. Rooted Wealth Advisors Inc. now owns 24,242 shares of the company’s stock valued at $1,042,000 after purchasing an additional 203 shares during the period. Bedminster LLC grew its stake in iShares Gold Trust Micro by 3.3% during the 1st quarter. Bedminster LLC now owns 6,832 shares of the company’s stock worth $319,000 after buying an additional 218 shares during the last quarter. Beckerman Institutional LLC increased its position in iShares Gold Trust Micro by 2.9% in the fourth quarter. Beckerman Institutional LLC now owns 8,977 shares of the company’s stock worth $386,000 after buying an additional 252 shares during the period. Bay Rivers Group increased its position in iShares Gold Trust Micro by 3.6% in the second quarter. Bay Rivers Group now owns 8,677 shares of the company’s stock worth $347,000 after buying an additional 301 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in iShares Gold Trust Micro by 1.0% in the fourth quarter. NewEdge Advisors LLC now owns 34,921 shares of the company’s stock valued at $1,501,000 after buying an additional 341 shares during the last quarter.

iShares Gold Trust Micro Trading Down 1.7%

IAUM stock opened at $43.45 on Wednesday. iShares Gold Trust Micro has a 1 year low of $36.07 and a 1 year high of $55.27. The stock’s fifty day moving average is $42.41 and its two-hundred day moving average is $44.90.

About iShares Gold Trust Micro

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.