Rooted Wealth Advisors Inc. Boosts Stock Position in iShares Gold Trust Micro (NYSEARCA:IAUM)

Rooted Wealth Advisors Inc. grew its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 6.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,666 shares of the company’s stock after purchasing an additional 1,516 shares during the period. Rooted Wealth Advisors Inc. owned 0.06% of iShares Gold Trust Micro worth $542,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IAUM. True Wealth Design LLC acquired a new position in iShares Gold Trust Micro during the third quarter worth approximately $27,000. Timber Creek Capital Management LLC purchased a new position in shares of iShares Gold Trust Micro in the 4th quarter worth $35,000. Kingdom Financial Group LLC. boosted its holdings in iShares Gold Trust Micro by 13.8% in the fourth quarter. Kingdom Financial Group LLC. now owns 24,615 shares of the company’s stock valued at $507,000 after acquiring an additional 2,988 shares during the last quarter. Castle Wealth Management LLC grew its position in iShares Gold Trust Micro by 2.6% during the fourth quarter. Castle Wealth Management LLC now owns 152,087 shares of the company’s stock valued at $3,133,000 after acquiring an additional 3,794 shares during the period. Finally, China Universal Asset Management Co. Ltd. increased its stake in iShares Gold Trust Micro by 19.2% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 31,000 shares of the company’s stock worth $639,000 after acquiring an additional 5,000 shares during the last quarter.

iShares Gold Trust Micro Stock Performance

Shares of NYSEARCA IAUM traded up $0.19 during midday trading on Friday, hitting $23.59. The stock had a trading volume of 820,541 shares, compared to its average volume of 905,600. iShares Gold Trust Micro has a 1-year low of $18.11 and a 1-year high of $24.26. The company has a fifty day moving average price of $22.62 and a 200 day moving average price of $21.01.

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.