Raub Brock Capital Management LP increased its stake in shares of iShares Gold Trust Micro (NYSEARCA:IAUM – Free Report) by 11.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 207,700 shares of the company’s stock after buying an additional 22,040 shares during the quarter. iShares Gold Trust Micro comprises approximately 1.7% of Raub Brock Capital Management LP’s holdings, making the stock its 23rd largest position. Raub Brock Capital Management LP owned 0.16% of iShares Gold Trust Micro worth $7,996,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in IAUM. Sumitomo Mitsui Trust Group Inc. grew its position in shares of iShares Gold Trust Micro by 39.8% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,300,000 shares of the company’s stock worth $306,807,000 after acquiring an additional 2,650,000 shares during the last quarter. Bank of America Corp DE boosted its stake in iShares Gold Trust Micro by 14.2% during the 2nd quarter. Bank of America Corp DE now owns 2,215,599 shares of the company’s stock valued at $73,093,000 after purchasing an additional 275,897 shares during the period. AlTi Global Inc. acquired a new position in iShares Gold Trust Micro during the 2nd quarter valued at about $46,193,000. Blue Trust Inc. grew its position in iShares Gold Trust Micro by 2,907.8% in the 2nd quarter. Blue Trust Inc. now owns 1,385,449 shares of the company’s stock worth $45,706,000 after purchasing an additional 1,339,387 shares during the last quarter. Finally, Fifth Third Bancorp increased its stake in shares of iShares Gold Trust Micro by 22.7% in the second quarter. Fifth Third Bancorp now owns 705,180 shares of the company’s stock valued at $23,264,000 after purchasing an additional 130,623 shares during the period.
iShares Gold Trust Micro Stock Down 0.4%
IAUM opened at $44.66 on Friday. The business’s 50 day moving average is $41.57 and its 200-day moving average is $37.30. iShares Gold Trust Micro has a twelve month low of $25.90 and a twelve month high of $44.85.
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.
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