iShares Gold Trust Micro $IAUM Shares Bought by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. grew its stake in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 6.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,134,927 shares of the company’s stock after purchasing an additional 1,900,000 shares during the period. iShares Gold Trust Micro comprises about 0.7% of Sumitomo Mitsui Trust Group Inc.’s holdings, making the stock its 20th biggest holding. Sumitomo Mitsui Trust Group Inc. owned 0.19% of iShares Gold Trust Micro worth $1,248,189,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Asset Management One Co. Ltd. boosted its position in shares of iShares Gold Trust Micro by 63.6% in the 3rd quarter. Asset Management One Co. Ltd. now owns 3,976,449 shares of the company’s stock valued at $164,705,000 after purchasing an additional 1,545,584 shares during the period. Alaska Permanent Fund Corp increased its position in shares of iShares Gold Trust Micro by 25.4% in the first quarter. Alaska Permanent Fund Corp now owns 3,709,000 shares of the company’s stock worth $170,540,000 after acquiring an additional 751,000 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of iShares Gold Trust Micro during the third quarter valued at approximately $27,420,000. Bank of America Corp DE raised its holdings in shares of iShares Gold Trust Micro by 17.1% during the first quarter. Bank of America Corp DE now owns 3,424,139 shares of the company’s stock valued at $159,907,000 after acquiring an additional 499,962 shares during the period. Finally, Reliant Wealth Planning raised its holdings in shares of iShares Gold Trust Micro by 5,313.4% during the first quarter. Reliant Wealth Planning now owns 336,983 shares of the company’s stock valued at $15,737,000 after acquiring an additional 330,758 shares during the period.

iShares Gold Trust Micro Stock Performance

Shares of NYSEARCA:IAUM opened at $38.70 on Friday. iShares Gold Trust Micro has a 52 week low of $38.56 and a 52 week high of $55.27. The firm has a 50 day simple moving average of $42.45 and a 200 day simple moving average of $44.84.

iShares Gold Trust Micro Company 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.