Howard Bailey Securities LLC Increases Stock Position in iShares Gold Trust Micro (NYSEARCA:IAUM)

Howard Bailey Securities LLC increased its position in iShares Gold Trust Micro (NYSEARCA:IAUM) by 38.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 12,213 shares of the company’s stock after buying an additional 3,386 shares during the period. Howard Bailey Securities LLC’s holdings in iShares Gold Trust Micro were worth $320,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Evermay Wealth Management LLC purchased a new stake in shares of iShares Gold Trust Micro during the 3rd quarter worth about $99,000. Pineridge Advisors LLC raised its stake in shares of iShares Gold Trust Micro by 16.9% during the fourth quarter. Pineridge Advisors LLC now owns 4,978 shares of the company’s stock valued at $130,000 after purchasing an additional 721 shares during the period. Exchange Traded Concepts LLC boosted its stake 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 valued at $163,000 after purchasing an additional 808 shares during the period. Blue Trust Inc. acquired a new stake in iShares Gold Trust Micro during the 3rd quarter valued at $185,000. Finally, MML Investors Services LLC purchased a new stake in iShares Gold Trust Micro during the 3rd quarter worth $201,000.

iShares Gold Trust Micro Trading Up 0.1 %

Shares of IAUM stock opened at $28.95 on Thursday. The company’s fifty day moving average price is $26.99 and its two-hundred day moving average price is $26.26. iShares Gold Trust Micro has a 12 month low of $19.81 and a 12 month high of $29.05.

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.