Alaska Permanent Fund Corp Sells 1,606,000 Shares of iShares Gold Trust Micro (NYSEARCA:IAUM)

Alaska Permanent Fund Corp decreased its holdings in iShares Gold Trust Micro (NYSEARCA:IAUM) by 19.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,804,000 shares of the company’s stock after selling 1,606,000 shares during the quarter. iShares Gold Trust Micro makes up about 2.6% of Alaska Permanent Fund Corp’s investment portfolio, making the stock its 12th largest position. Alaska Permanent Fund Corp owned approximately 13.72% of iShares Gold Trust Micro worth $178,605,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of IAUM. Deane Retirement Strategies Inc. acquired a new stake in shares of iShares Gold Trust Micro in the 2nd quarter valued at $50,000. Sound Income Strategies LLC acquired a new stake in shares of iShares Gold Trust Micro in the 1st quarter valued at $82,000. Exchange Traded Concepts LLC increased its stake in shares of iShares Gold Trust Micro by 14.9% in the 3rd quarter. Exchange Traded Concepts LLC now owns 6,213 shares of the company’s stock valued at $163,000 after buying an additional 808 shares during the period. Blue Trust Inc. acquired a new stake in shares of iShares Gold Trust Micro in the 3rd quarter valued at $185,000. Finally, Wedmont Private Capital acquired a new stake in shares of iShares Gold Trust Micro in the 2nd quarter valued at $334,000.

iShares Gold Trust Micro Price Performance

NYSEARCA IAUM opened at $27.32 on Thursday. The stock has a fifty day moving average of $25.82 and a 200-day moving average of $24.37. iShares Gold Trust Micro has a 52 week low of $19.30 and a 52 week high of $27.42.

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.