Scarborough Advisors LLC lessened its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM – Free Report) by 72.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 24,325 shares of the company’s stock after selling 65,094 shares during the quarter. Scarborough Advisors LLC’s holdings in iShares Gold Trust Micro were worth $1,136,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. acquired a new position in shares of iShares Gold Trust Micro in the 4th quarter worth approximately $28,000. Fairman Group LLC lifted its holdings in iShares Gold Trust Micro by 508.2% in the first quarter. Fairman Group LLC now owns 596 shares of the company’s stock valued at $28,000 after buying an additional 498 shares during the period. US Bancorp DE bought a new stake in iShares Gold Trust Micro during the third quarter valued at $28,000. International Assets Investment Management LLC bought a new stake in iShares Gold Trust Micro during the first quarter valued at $36,000. Finally, Advisors Preferred LLC boosted its position in iShares Gold Trust Micro by 532.8% during the first quarter. Advisors Preferred LLC now owns 829 shares of the company’s stock valued at $39,000 after acquiring an additional 698 shares during the last quarter.
iShares Gold Trust Micro Stock Performance
Shares of iShares Gold Trust Micro stock opened at $40.00 on Monday. The business has a 50-day moving average price of $42.75 and a two-hundred day moving average price of $46.10. iShares Gold Trust Micro has a 1-year low of $32.58 and a 1-year high of $55.27.
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.
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