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

China Universal Asset Management Co. Ltd. lowered its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 7.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 382,500 shares of the company’s stock after selling 30,000 shares during the period. iShares Gold Trust Micro makes up approximately 1.2% of China Universal Asset Management Co. Ltd.’s portfolio, making the stock its 16th largest position. China Universal Asset Management Co. Ltd. owned approximately 0.28% of iShares Gold Trust Micro worth $14,726,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Fifth Third Wealth Advisors LLC raised its stake in shares of iShares Gold Trust Micro by 16.6% in the third 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 during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in iShares Gold Trust Micro in the 3rd quarter worth about $790,000. Atria Investments Inc bought a new position in iShares Gold Trust Micro during the 2nd quarter valued at about $300,000. Retirement Financial Solutions LLC bought a new position in iShares Gold Trust Micro during the 3rd quarter valued at about $953,000. Finally, Fifth Third Bancorp boosted its holdings in shares of iShares Gold Trust Micro by 8.2% during the 3rd quarter. Fifth Third Bancorp now owns 762,747 shares of the company’s stock valued at $29,366,000 after acquiring an additional 57,567 shares during the last quarter.

iShares Gold Trust Micro Price Performance

IAUM opened at $49.83 on Friday. The firm has a 50 day moving average price of $46.78 and a 200-day moving average price of $41.24. iShares Gold Trust Micro has a twelve month low of $28.25 and a twelve month high of $55.27.

About iShares Gold Trust Micro

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.