Sankala Group LLC Takes $1.54 Million Position in iShares Gold Trust Micro $IAUM

Sankala Group LLC acquired a new stake in iShares Gold Trust Micro (NYSEARCA:IAUM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,826 shares of the company’s stock, valued at approximately $1,540,000. iShares Gold Trust Micro accounts for about 1.3% of Sankala Group LLC’s investment portfolio, making the stock its 18th biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IAUM. Decker Retirement Planning Inc. purchased a new position in iShares Gold Trust Micro during the fourth quarter worth about $28,000. US Bancorp DE purchased a new stake in shares of iShares Gold Trust Micro in the 3rd quarter valued at approximately $28,000. Imprint Wealth LLC acquired a new stake in shares of iShares Gold Trust Micro during the 3rd quarter worth approximately $44,000. Tradewinds Capital Management LLC increased its holdings in shares of iShares Gold Trust Micro by 58.0% during the 4th quarter. Tradewinds Capital Management LLC now owns 1,100 shares of the company’s stock worth $47,000 after buying an additional 404 shares during the last quarter. Finally, Asset Dedication LLC acquired a new position in iShares Gold Trust Micro in the fourth quarter valued at approximately $47,000.

iShares Gold Trust Micro Stock Performance

IAUM opened at $42.02 on Friday. iShares Gold Trust Micro has a one year low of $32.46 and a one year high of $55.27. The business’s 50 day moving average price is $45.32 and its 200 day moving average price is $46.43.

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.