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

Castle Wealth Management LLC boosted its holdings in iShares Gold Trust Micro (NYSEARCA:IAUM) by 1.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 178,730 shares of the company’s stock after buying an additional 2,492 shares during the period. iShares Gold Trust Micro accounts for approximately 1.9% of Castle Wealth Management LLC’s holdings, making the stock its 16th biggest position. Castle Wealth Management LLC’s holdings in iShares Gold Trust Micro were worth $4,692,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of IAUM. Deane Retirement Strategies Inc. bought a new stake in iShares Gold Trust Micro during the 2nd quarter valued at approximately $50,000. Evermay Wealth Management LLC purchased a new stake in iShares Gold Trust Micro in the 3rd quarter worth $99,000. Sound Income Strategies LLC boosted its holdings in shares of iShares Gold Trust Micro by 55.6% during the 3rd 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 third quarter. Exchange Traded Concepts LLC now owns 6,213 shares of the company’s stock worth $163,000 after purchasing an additional 808 shares during the last quarter. Finally, Blue Trust Inc. purchased a new stake in shares of iShares Gold Trust Micro in the third quarter worth about $185,000.

iShares Gold Trust Micro Price Performance

Shares of iShares Gold Trust Micro stock opened at $26.82 on Thursday. The stock has a 50 day moving average of $26.29 and a 200 day moving average of $24.63. iShares Gold Trust Micro has a 12 month low of $19.30 and a 12 month high of $27.83.

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.