Castle Wealth Management LLC Cuts Stock Holdings in iShares Gold Trust Micro (NYSEARCA:IAUM)

Castle Wealth Management LLC lowered its stake in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 172,901 shares of the company’s stock after selling 5,829 shares during the quarter. iShares Gold Trust Micro accounts for about 1.8% of Castle Wealth Management LLC’s portfolio, making the stock its 16th largest position. Castle Wealth Management LLC owned 0.35% of iShares Gold Trust Micro worth $4,525,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of IAUM. Exchange Traded Concepts LLC increased its holdings in 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 buying an additional 808 shares during the last quarter. RFG Advisory LLC increased its holdings in iShares Gold Trust Micro by 19.4% in the third quarter. RFG Advisory LLC now owns 195,827 shares of the company’s stock valued at $5,140,000 after buying an additional 31,811 shares during the last quarter. Blue Trust Inc. purchased a new position in iShares Gold Trust Micro in the third quarter valued at $185,000. Rede Wealth LLC increased its holdings in iShares Gold Trust Micro by 2.5% in the third quarter. Rede Wealth LLC now owns 35,970 shares of the company’s stock valued at $944,000 after buying an additional 867 shares during the last quarter. Finally, Vicus Capital increased its holdings in iShares Gold Trust Micro by 6.9% in the third quarter. Vicus Capital now owns 49,216 shares of the company’s stock valued at $1,292,000 after buying an additional 3,174 shares during the last quarter.

iShares Gold Trust Micro Price Performance

NYSEARCA:IAUM opened at $28.95 on Thursday. The business’s fifty day moving average price is $26.99 and its 200 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.