iShares Gold Trust Micro (NYSEARCA:IAUM) Shares Sold by Castle Wealth Management LLC

Castle Wealth Management LLC decreased its holdings in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 3.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 172,901 shares of the company’s stock after selling 5,829 shares during the quarter. iShares Gold Trust Micro makes up approximately 1.8% of Castle Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. Castle Wealth Management LLC’s holdings in iShares Gold Trust Micro were worth $4,525,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in IAUM. Exchange Traded Concepts LLC boosted its stake in shares of iShares Gold Trust Micro by 14.9% during the third quarter. Exchange Traded Concepts LLC now owns 6,213 shares of the company’s stock worth $163,000 after buying an additional 808 shares during the period. RFG Advisory LLC lifted its position in iShares Gold Trust Micro by 19.4% in the third quarter. RFG Advisory LLC now owns 195,827 shares of the company’s stock valued at $5,140,000 after purchasing an additional 31,811 shares during the period. Blue Trust Inc. acquired a new stake in iShares Gold Trust Micro in the third quarter valued at about $185,000. Rede Wealth LLC lifted its position in iShares Gold Trust Micro by 2.5% in the third quarter. Rede Wealth LLC now owns 35,970 shares of the company’s stock valued at $944,000 after purchasing an additional 867 shares during the period. Finally, Vicus Capital lifted its position in iShares Gold Trust Micro by 6.9% in the third quarter. Vicus Capital now owns 49,216 shares of the company’s stock valued at $1,292,000 after purchasing an additional 3,174 shares during the period.

iShares Gold Trust Micro Stock Performance

Shares of NYSEARCA:IAUM opened at $28.95 on Thursday. iShares Gold Trust Micro has a 52 week low of $19.81 and a 52 week high of $29.05. The company has a 50-day moving average price of $26.99 and a 200 day moving average price of $26.26.

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.