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

AlTi Global Inc. cut its stake in iShares Gold Trust Micro (NYSEARCA:IAUM) by 1.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. 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 comprises approximately 1.4% of AlTi Global Inc.’s holdings, making the stock its 17th largest holding. AlTi Global Inc. owned approximately 0.84% of iShares Gold Trust Micro worth $63,510,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of IAUM. Rooted Wealth Advisors Inc. raised its stake in iShares Gold Trust Micro by 0.8% during the fourth quarter. Rooted Wealth Advisors Inc. now owns 24,242 shares of the company’s stock worth $1,042,000 after acquiring an additional 203 shares in the last quarter. Bedminster LLC boosted its position in iShares Gold Trust Micro by 3.3% in the first quarter. Bedminster LLC now owns 6,832 shares of the company’s stock valued at $319,000 after buying an additional 218 shares in the last quarter. Beckerman Institutional LLC grew its stake in iShares Gold Trust Micro by 2.9% during the fourth quarter. Beckerman Institutional LLC now owns 8,977 shares of the company’s stock worth $386,000 after buying an additional 252 shares during the last quarter. SteelPeak Wealth LLC grew its stake in iShares Gold Trust Micro by 0.5% during the fourth quarter. SteelPeak Wealth LLC now owns 59,757 shares of the company’s stock worth $2,569,000 after buying an additional 282 shares during the last quarter. Finally, NBC Securities Inc. grew its stake in iShares Gold Trust Micro by 19.8% during the fourth quarter. NBC Securities Inc. now owns 1,902 shares of the company’s stock worth $82,000 after buying an additional 314 shares during the last quarter.

iShares Gold Trust Micro Price Performance

NYSEARCA IAUM opened at $40.00 on Monday. iShares Gold Trust Micro has a 1-year low of $32.58 and a 1-year high of $55.27. The company has a 50 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.