Evermay Wealth Management LLC Decreases Position in iShares Gold Trust Micro $IAUM

Evermay Wealth Management LLC decreased its position in iShares Gold Trust Micro (NYSEARCA:IAUM) by 18.4% during the 2nd quarter, Holdings Channel reports. The firm owned 68,530 shares of the company’s stock after selling 15,466 shares during the quarter. Evermay Wealth Management LLC’s holdings in iShares Gold Trust Micro were worth $2,261,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of iShares Gold Trust Micro in the 1st quarter worth about $470,000. Ancora Advisors LLC purchased a new stake in shares of iShares Gold Trust Micro in the first quarter valued at about $3,216,000. Truist Financial Corp acquired a new stake in shares of iShares Gold Trust Micro in the second quarter valued at approximately $4,589,000. Ameritas Advisory Services LLC purchased a new position in shares of iShares Gold Trust Micro during the 2nd quarter worth approximately $76,000. Finally, MGO One Seven LLC increased its stake in shares of iShares Gold Trust Micro by 21.2% during the 2nd quarter. MGO One Seven LLC now owns 193,100 shares of the company’s stock worth $6,370,000 after purchasing an additional 33,839 shares in the last quarter.

iShares Gold Trust Micro Stock Down 1.9%

IAUM stock opened at $42.14 on Monday. The stock’s 50 day moving average price is $36.64 and its 200 day moving average price is $34.26. iShares Gold Trust Micro has a 1 year low of $25.51 and a 1 year high of $43.04.

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.