Sumitomo Mitsui Trust Group Inc. Increases Position in iShares Gold Trust Micro $IAUM

Sumitomo Mitsui Trust Group Inc. grew its position in iShares Gold Trust Micro (NYSEARCA:IAUM) by 95.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,134,927 shares of the company’s stock after buying an additional 8,834,927 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned 0.14% of iShares Gold Trust Micro worth $698,195,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of IAUM. Rossby Financial LCC increased its stake in iShares Gold Trust Micro by 1,558.6% during the second quarter. Rossby Financial LCC now owns 1,161 shares of the company’s stock worth $38,000 after purchasing an additional 1,091 shares during the period. Ameritas Advisory Services LLC acquired a new position in shares of iShares Gold Trust Micro in the second quarter valued at approximately $76,000. Deane Retirement Strategies Inc. increased its stake in iShares Gold Trust Micro by 17.9% during the 3rd quarter. Deane Retirement Strategies Inc. now owns 2,442 shares of the company’s stock worth $94,000 after buying an additional 370 shares during the period. CoreFirst Bank & Trust purchased a new stake in iShares Gold Trust Micro during the 2nd quarter worth approximately $99,000. Finally, CWM LLC boosted its position in iShares Gold Trust Micro by 128.3% in the 3rd quarter. CWM LLC now owns 3,310 shares of the company’s stock valued at $127,000 after buying an additional 1,860 shares during the period.

iShares Gold Trust Micro Trading Up 0.7%

NYSEARCA:IAUM opened at $44.94 on Monday. iShares Gold Trust Micro has a 12-month low of $26.50 and a 12-month high of $45.36. The stock has a fifty day moving average price of $42.28 and a 200 day moving average price of $38.17.

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.