Scarborough Advisors LLC bought a new stake in iShares Gold Trust Micro (NYSEARCA:IAUM – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 51,475 shares of the company’s stock, valued at approximately $1,347,000. Scarborough Advisors LLC owned approximately 0.10% of iShares Gold Trust Micro as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in IAUM. Evermay Wealth Management LLC acquired a new position in shares of iShares Gold Trust Micro in the 3rd quarter valued at approximately $99,000. Pineridge Advisors LLC increased its holdings in shares of iShares Gold Trust Micro by 16.9% in the 4th quarter. Pineridge Advisors LLC now owns 4,978 shares of the company’s stock valued at $130,000 after acquiring an additional 721 shares during the last quarter. Exchange Traded Concepts LLC increased its holdings 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 acquiring an additional 808 shares during the last quarter. Blue Trust Inc. bought a new stake in shares of iShares Gold Trust Micro in the 3rd quarter valued at approximately $185,000. Finally, MML Investors Services LLC bought a new stake in shares of iShares Gold Trust Micro in the 3rd quarter valued at approximately $201,000.
iShares Gold Trust Micro Trading Down 1.5 %
Shares of NYSEARCA IAUM opened at $28.80 on Friday. iShares Gold Trust Micro has a twelve month low of $19.92 and a twelve month high of $29.26. The business has a 50 day simple moving average of $27.10 and a 200-day simple moving average of $26.31.
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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