Cedar Point Capital Partners LLC Purchases 4,479 Shares of iShares Gold Trust Micro (NYSEARCA:IAUM)

Cedar Point Capital Partners LLC raised its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 19.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,956 shares of the company’s stock after acquiring an additional 4,479 shares during the period. Cedar Point Capital Partners LLC’s holdings in iShares Gold Trust Micro were worth $705,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Deane Retirement Strategies Inc. grew its holdings in shares of iShares Gold Trust Micro by 22.4% in the third quarter. Deane Retirement Strategies Inc. now owns 2,654 shares of the company’s stock worth $70,000 after purchasing an additional 485 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in shares of iShares Gold Trust Micro by 14.9% in the third quarter. Exchange Traded Concepts LLC now owns 6,213 shares of the company’s stock worth $163,000 after purchasing an additional 808 shares during the last quarter. Rede Wealth LLC grew its holdings in shares of iShares Gold Trust Micro by 2.5% in the third quarter. Rede Wealth LLC now owns 35,970 shares of the company’s stock worth $944,000 after purchasing an additional 867 shares during the last quarter. Sound Income Strategies LLC grew its holdings in shares of iShares Gold Trust Micro by 55.6% in the third quarter. Sound Income Strategies LLC now owns 5,748 shares of the company’s stock worth $151,000 after purchasing an additional 2,053 shares during the last quarter. Finally, Castle Wealth Management LLC grew its holdings in shares of iShares Gold Trust Micro by 1.4% in the third quarter. Castle Wealth Management LLC now owns 178,730 shares of the company’s stock worth $4,692,000 after purchasing an additional 2,492 shares during the last quarter.

iShares Gold Trust Micro Stock Performance

NYSEARCA IAUM opened at $27.38 on Thursday. The company’s 50-day moving average price is $26.43 and its 200-day moving average price is $25.82. iShares Gold Trust Micro has a 12 month low of $19.81 and a 12 month high of $27.83.

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.