Red Tortoise LLC Makes New Investment in iShares Gold Trust Micro $IAUM

Red Tortoise LLC acquired a new position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 31,072 shares of the company’s stock, valued at approximately $1,196,000.

Other hedge funds also recently modified their holdings of the company. Family Investment Center Inc. raised its holdings in iShares Gold Trust Micro by 2.1% during the third quarter. Family Investment Center Inc. now owns 19,104 shares of the company’s stock worth $736,000 after acquiring an additional 402 shares in the last quarter. Retirement Financial Solutions LLC bought a new position in iShares Gold Trust Micro in the third quarter valued at approximately $953,000. Cedar Point Capital Partners LLC increased its position in shares of iShares Gold Trust Micro by 6.1% during the 3rd quarter. Cedar Point Capital Partners LLC now owns 38,650 shares of the company’s stock worth $1,488,000 after purchasing an additional 2,226 shares during the last quarter. Asset Management One Co. Ltd. acquired a new position in shares of iShares Gold Trust Micro during the 3rd quarter worth approximately $11,677,000. Finally, Fifth Third Wealth Advisors LLC raised its stake in shares of iShares Gold Trust Micro by 16.6% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 135,565 shares of the company’s stock worth $5,219,000 after purchasing an additional 19,268 shares in the last quarter.

iShares Gold Trust Micro Price Performance

NYSEARCA IAUM opened at $44.31 on Tuesday. iShares Gold Trust Micro has a 12 month low of $26.17 and a 12 month high of $45.36. The stock has a 50 day moving average of $41.88 and a 200-day moving average of $37.85.

iShares Gold Trust Micro Company 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.