iShares Gold Trust Micro (NYSEARCA:IAUM) Shares Sold by Brookstone Capital Management

Brookstone Capital Management reduced its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 3.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 12,382 shares of the company’s stock after selling 480 shares during the quarter. Brookstone Capital Management’s holdings in iShares Gold Trust Micro were worth $324,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IAUM. Deane Retirement Strategies Inc. increased its position in iShares Gold Trust Micro by 22.4% during the third quarter. Deane Retirement Strategies Inc. now owns 2,654 shares of the company’s stock worth $70,000 after purchasing an additional 485 shares during the last quarter. Evermay Wealth Management LLC acquired a new stake in iShares Gold Trust Micro during the third quarter worth about $99,000. Sound Income Strategies LLC increased its position in iShares Gold Trust Micro by 55.6% during the third quarter. Sound Income Strategies LLC now owns 5,748 shares of the company’s stock worth $151,000 after purchasing an additional 2,053 shares during the last quarter. Exchange Traded Concepts LLC increased its position in iShares Gold Trust Micro by 14.9% during the third quarter. Exchange Traded Concepts LLC now owns 6,213 shares of the company’s stock worth $163,000 after purchasing an additional 808 shares during the last quarter. Finally, Blue Trust Inc. acquired a new stake in iShares Gold Trust Micro during the third quarter worth about $185,000.

iShares Gold Trust Micro Stock Performance

iShares Gold Trust Micro stock opened at $26.95 on Friday. iShares Gold Trust Micro has a 12-month low of $19.81 and a 12-month high of $27.83. The company has a 50-day moving average price of $26.35 and a 200 day moving average price of $25.74.

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.