U.S. Capital Wealth Advisors LLC Buys 176,313 Shares of iShares Gold Trust Micro $IAUM

U.S. Capital Wealth Advisors LLC boosted its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 2,395.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 183,673 shares of the company’s stock after acquiring an additional 176,313 shares during the period. U.S. Capital Wealth Advisors LLC owned approximately 0.15% of iShares Gold Trust Micro worth $7,071,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. Cresset Asset Management LLC bought a new stake in shares of iShares Gold Trust Micro during the first quarter valued at approximately $909,000. Raymond James Financial Inc. increased its stake in iShares Gold Trust Micro by 46.7% in the first quarter. Raymond James Financial Inc. now owns 116,613 shares of the company’s stock valued at $3,635,000 after acquiring an additional 37,138 shares during the period. Smartleaf Asset Management LLC raised its position in iShares Gold Trust Micro by 214.3% in the first quarter. Smartleaf Asset Management LLC now owns 9,397 shares of the company’s stock worth $289,000 after purchasing an additional 6,407 shares in the last quarter. Cedar Point Capital Partners LLC boosted its holdings in iShares Gold Trust Micro by 19.3% during the first quarter. Cedar Point Capital Partners LLC now owns 32,169 shares of the company’s stock valued at $1,003,000 after purchasing an additional 5,213 shares in the last quarter. Finally, Napa Wealth Management bought a new stake in shares of iShares Gold Trust Micro in the 1st quarter valued at approximately $4,669,000.

iShares Gold Trust Micro Price Performance

Shares of IAUM opened at $43.26 on Friday. iShares Gold Trust Micro has a 1 year low of $25.90 and a 1 year high of $43.68. The stock has a 50 day simple moving average of $41.35 and a 200-day simple moving average of $36.99.

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.