New England Private Wealth Advisors LLC Takes $646,000 Position in iShares Gold Trust Micro $IAUM

New England Private Wealth Advisors LLC purchased a new stake in iShares Gold Trust Micro (NYSEARCA:IAUM) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 16,772 shares of the company’s stock, valued at approximately $646,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IAUM. NewEdge Advisors LLC increased its stake in shares of iShares Gold Trust Micro by 15.4% in the 1st quarter. NewEdge Advisors LLC now owns 30,731 shares of the company’s stock worth $958,000 after acquiring an additional 4,108 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of iShares Gold Trust Micro in the first quarter valued at about $7,793,000. Envestnet Asset Management Inc. grew its holdings in shares of iShares Gold Trust Micro by 1,332.2% in the second quarter. Envestnet Asset Management Inc. now owns 104,735 shares of the company’s stock valued at $3,455,000 after purchasing an additional 97,422 shares during the period. Atria Investments Inc acquired a new stake in iShares Gold Trust Micro during the second quarter worth about $300,000. Finally, AE Wealth Management LLC raised its stake in iShares Gold Trust Micro by 41.9% during the second quarter. AE Wealth Management LLC now owns 449,599 shares of the company’s stock worth $14,832,000 after purchasing an additional 132,699 shares during the period.

iShares Gold Trust Micro Price Performance

iShares Gold Trust Micro stock opened at $51.36 on Monday. The firm has a 50 day simple moving average of $48.48 and a 200-day simple moving average of $42.75. iShares Gold Trust Micro has a 1-year low of $28.72 and a 1-year 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.