Raymond James Financial Inc. Makes New Investment in iShares Gold Trust Micro (NYSEARCA:IAUM)

Raymond James Financial Inc. bought a new stake in iShares Gold Trust Micro (NYSEARCA:IAUM) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 79,475 shares of the company’s stock, valued at approximately $2,080,000. Raymond James Financial Inc. owned about 0.16% of iShares Gold Trust Micro as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Quadrature Capital Ltd purchased a new stake in shares of iShares Gold Trust Micro in the 3rd quarter valued at approximately $11,426,000. School Employees Retirement Board of Ohio raised its stake in iShares Gold Trust Micro by 20.0% during the 4th quarter. School Employees Retirement Board of Ohio now owns 2,274,084 shares of the company’s stock valued at $59,513,000 after purchasing an additional 379,649 shares during the period. Vicus Capital lifted its holdings in shares of iShares Gold Trust Micro by 730.2% in the fourth quarter. Vicus Capital now owns 408,573 shares of the company’s stock valued at $10,692,000 after purchasing an additional 359,357 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of iShares Gold Trust Micro in the third quarter worth $6,021,000. Finally, China Universal Asset Management Co. Ltd. grew its holdings in shares of iShares Gold Trust Micro by 124.1% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 330,500 shares of the company’s stock valued at $8,649,000 after buying an additional 183,000 shares in the last quarter.

iShares Gold Trust Micro Trading Up 0.8 %

iShares Gold Trust Micro stock opened at $30.72 on Monday. iShares Gold Trust Micro has a twelve month low of $22.25 and a twelve month high of $30.79. The firm’s 50 day moving average price is $28.94 and its two-hundred day moving average price is $27.35.

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.