Sanctuary Advisors LLC Increases Stock Position in iShares Gold Trust Micro (NYSEARCA:IAUM)

Sanctuary Advisors LLC grew its holdings in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 18.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 264,067 shares of the company’s stock after buying an additional 41,052 shares during the period. Sanctuary Advisors LLC’s holdings in iShares Gold Trust Micro were worth $7,365,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. increased its position in iShares Gold Trust Micro by 23.9% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,450,000 shares of the company’s stock valued at $143,062,000 after buying an additional 1,050,000 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in shares of iShares Gold Trust Micro in the third quarter worth $11,426,000. School Employees Retirement Board of Ohio increased its holdings in shares of iShares Gold Trust Micro by 27.4% during the third quarter. School Employees Retirement Board of Ohio now owns 1,894,435 shares of the company’s stock valued at $49,729,000 after acquiring an additional 406,892 shares in the last quarter. Vicus Capital raised its position in shares of iShares Gold Trust Micro by 730.2% in the 4th quarter. Vicus Capital now owns 408,573 shares of the company’s stock worth $10,692,000 after purchasing an additional 359,357 shares during the last quarter. Finally, China Universal Asset Management Co. Ltd. boosted its stake in iShares Gold Trust Micro by 124.1% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 330,500 shares of the company’s stock worth $8,649,000 after purchasing an additional 183,000 shares in the last quarter.

iShares Gold Trust Micro Price Performance

Shares of IAUM stock opened at $29.29 on Thursday. iShares Gold Trust Micro has a one year low of $20.16 and a one year high of $29.34. The company’s 50-day moving average is $27.24 and its 200 day moving average is $26.43.

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.