China Universal Asset Management Co. Ltd. Sells 30,000 Shares of iShares Gold Trust Micro $IAUM

China Universal Asset Management Co. Ltd. decreased its holdings in iShares Gold Trust Micro (NYSEARCA:IAUM) by 7.3% in the third quarter, HoldingsChannel.com reports. The fund owned 382,500 shares of the company’s stock after selling 30,000 shares during the quarter. iShares Gold Trust Micro comprises 1.2% of China Universal Asset Management Co. Ltd.’s portfolio, making the stock its 16th biggest holding. China Universal Asset Management Co. Ltd.’s holdings in iShares Gold Trust Micro were worth $14,726,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IAUM. Rossby Financial LCC boosted its stake in iShares Gold Trust Micro by 1,558.6% in the 2nd 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. Deane Retirement Strategies Inc. lifted its holdings in shares of iShares Gold Trust Micro by 17.9% in the third quarter. Deane Retirement Strategies Inc. now owns 2,442 shares of the company’s stock worth $94,000 after buying an additional 370 shares in the last quarter. CoreFirst Bank & Trust bought a new position in shares of iShares Gold Trust Micro during the second quarter worth $99,000. CWM LLC grew its stake in iShares Gold Trust Micro by 128.3% during the third quarter. CWM LLC now owns 3,310 shares of the company’s stock valued at $127,000 after acquiring an additional 1,860 shares in the last quarter. Finally, Osaic Holdings Inc. increased its holdings in iShares Gold Trust Micro by 32.9% in the 2nd quarter. Osaic Holdings Inc. now owns 4,305 shares of the company’s stock valued at $142,000 after acquiring an additional 1,066 shares during the last quarter.

iShares Gold Trust Micro Trading Up 0.3%

Shares of IAUM stock opened at $49.83 on Friday. The company’s fifty day simple moving average is $46.78 and its two-hundred day simple moving average is $41.24. iShares Gold Trust Micro has a 52 week low of $28.25 and a 52 week high of $55.27.

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.