Wedmont Private Capital Has $2.74 Million Stock Position in iShares Gold Trust Micro $IAUM

Wedmont Private Capital increased its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 117.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 69,102 shares of the company’s stock after buying an additional 37,307 shares during the period. Wedmont Private Capital’s holdings in iShares Gold Trust Micro were worth $2,743,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. lifted its position in iShares Gold Trust Micro by 39.8% during the 2nd 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 lifted its position in shares of 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 worth $73,093,000 after purchasing an additional 275,897 shares during the last quarter. AlTi Global Inc. bought a new stake in iShares Gold Trust Micro during the 2nd quarter valued at approximately $46,193,000. Blue Trust Inc. grew its holdings 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 valued at $45,706,000 after buying an additional 1,339,387 shares during the last quarter. Finally, Fifth Third Bancorp increased its position in iShares Gold Trust Micro by 22.7% in the 2nd quarter. Fifth Third Bancorp now owns 705,180 shares of the company’s stock worth $23,264,000 after buying an additional 130,623 shares during the period.

iShares Gold Trust Micro Price Performance

IAUM opened at $43.29 on Thursday. The business has a 50 day moving average of $41.21 and a 200-day moving average of $36.88. iShares Gold Trust Micro has a 1-year low of $25.80 and a 1-year high of $43.68.

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.