Stonehage Fleming Financial Services Holdings Ltd Acquires Shares of 29,846 iShares Gold Trust Micro (NYSEARCA:IAUM)

Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 29,846 shares of the company’s stock, valued at approximately $781,000.

Several other large investors also recently added to or reduced their stakes in the company. Deane Retirement Strategies Inc. raised its position 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 buying an additional 485 shares in the last quarter. Evermay Wealth Management LLC purchased a new stake in iShares Gold Trust Micro in the third quarter valued at approximately $99,000. Sound Income Strategies LLC lifted its position in iShares Gold Trust Micro by 55.6% during the third quarter. Sound Income Strategies LLC now owns 5,748 shares of the company’s stock valued at $151,000 after purchasing an additional 2,053 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 worth $163,000 after buying an additional 808 shares during the last quarter. Finally, Blue Trust Inc. purchased a new stake in shares of iShares Gold Trust Micro during the 3rd quarter valued at $185,000.

iShares Gold Trust Micro Stock Performance

NYSEARCA IAUM opened at $27.65 on Monday. iShares Gold Trust Micro has a twelve month low of $19.81 and a twelve month high of $27.83. The stock’s 50-day simple moving average is $26.51 and its two-hundred day simple moving average is $25.89.

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.