Castle Wealth Management LLC Increases Position in iShares Gold Trust Micro (NYSEARCA:IAUM)

Castle Wealth Management LLC raised its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 152,087 shares of the company’s stock after buying an additional 3,794 shares during the period. iShares Gold Trust Micro comprises about 1.9% of Castle Wealth Management LLC’s holdings, making the stock its 18th largest holding. Castle Wealth Management LLC owned about 0.31% of iShares Gold Trust Micro worth $3,133,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Flow Traders U.S. LLC purchased a new position in iShares Gold Trust Micro during the 1st quarter valued at about $27,311,000. Jane Street Group LLC purchased a new position in shares of iShares Gold Trust Micro in the first quarter valued at approximately $23,421,000. Bank of America Corp DE acquired a new position in shares of iShares Gold Trust Micro in the first quarter valued at approximately $44,000. BlackRock Inc. purchased a new stake in iShares Gold Trust Micro during the 3rd quarter worth approximately $25,983,000. Finally, UBS Group AG acquired a new stake in iShares Gold Trust Micro during the 4th quarter worth approximately $44,000.

iShares Gold Trust Micro Stock Performance

IAUM stock traded up $0.07 during midday trading on Friday, hitting $23.83. The company’s stock had a trading volume of 1,442,222 shares, compared to its average volume of 819,173. iShares Gold Trust Micro has a 52-week low of $18.11 and a 52-week high of $24.26. The firm has a 50-day simple moving average of $21.73 and a 200-day simple moving average of $20.56.

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.