AlTi Global Inc. Sells 20,951 Shares of iShares Gold Trust Micro $IAUM

AlTi Global Inc. decreased its stake in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 1.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 1,339,049 shares of the company’s stock after selling 20,951 shares during the period. iShares Gold Trust Micro makes up 1.4% of AlTi Global Inc.’s holdings, making the stock its 17th biggest holding. AlTi Global Inc.’s holdings in iShares Gold Trust Micro were worth $63,510,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IAUM. Sumitomo Mitsui Trust Group Inc. increased its position in iShares Gold Trust Micro by 22.3% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 26,834,927 shares of the company’s stock valued at $1,253,191,000 after acquiring an additional 4,900,000 shares in the last quarter. School Employees Retirement Board of Ohio lifted its holdings in iShares Gold Trust Micro by 11.8% during the 1st quarter. School Employees Retirement Board of Ohio now owns 2,875,749 shares of the company’s stock worth $134,297,000 after buying an additional 302,425 shares in the last quarter. Bank of America Corp DE boosted its position in iShares Gold Trust Micro by 22.0% in the 3rd quarter. Bank of America Corp DE now owns 2,703,033 shares of the company’s stock valued at $104,067,000 after buying an additional 487,434 shares during the last quarter. Vident Advisory LLC boosted its position in iShares Gold Trust Micro by 116.9% in the 4th quarter. Vident Advisory LLC now owns 1,711,783 shares of the company’s stock valued at $73,590,000 after buying an additional 922,584 shares during the last quarter. Finally, Heck Capital Advisors LLC increased its stake in shares of iShares Gold Trust Micro by 69.0% in the 4th quarter. Heck Capital Advisors LLC now owns 1,203,191 shares of the company’s stock valued at $51,725,000 after buying an additional 491,191 shares during the period.

iShares Gold Trust Micro Stock Performance

IAUM stock opened at $40.00 on Monday. iShares Gold Trust Micro has a twelve month low of $32.58 and a twelve month high of $55.27. The business has a fifty day moving average of $42.75 and a 200-day moving average of $46.10.

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.