Truist Financial Corp Invests $4.59 Million in iShares Gold Trust Micro $IAUM

Truist Financial Corp acquired a new stake in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 139,740 shares of the company’s stock, valued at approximately $4,589,000. Truist Financial Corp owned 0.14% of iShares Gold Trust Micro as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of IAUM. Wealth Preservation Advisors LLC purchased a new stake in iShares Gold Trust Micro in the first quarter worth $31,000. SJS Investment Consulting Inc. purchased a new position in iShares Gold Trust Micro in the 1st quarter worth about $31,000. NBC Securities Inc. lifted its holdings in iShares Gold Trust Micro by 127,400.0% during the 1st quarter. NBC Securities Inc. now owns 1,275 shares of the company’s stock valued at $39,000 after buying an additional 1,274 shares in the last quarter. Hollencrest Capital Management purchased a new stake in iShares Gold Trust Micro in the 1st quarter valued at about $56,000. Finally, CWM LLC boosted its position in iShares Gold Trust Micro by 32.3% in the 1st quarter. CWM LLC now owns 1,919 shares of the company’s stock valued at $60,000 after buying an additional 469 shares during the period.

iShares Gold Trust Micro Stock Up 0.5%

Shares of NYSEARCA:IAUM opened at $39.69 on Wednesday. The firm’s 50 day simple moving average is $35.41 and its 200-day simple moving average is $33.65. iShares Gold Trust Micro has a one year low of $25.51 and a one year high of $39.79.

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.