Rede Wealth LLC Buys 867 Shares of iShares Gold Trust Micro (NYSEARCA:IAUM)

Rede Wealth LLC increased its stake in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 2.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 35,970 shares of the company’s stock after purchasing an additional 867 shares during the quarter. iShares Gold Trust Micro accounts for 0.4% of Rede Wealth LLC’s holdings, making the stock its 29th biggest holding. Rede Wealth LLC owned approximately 0.07% of iShares Gold Trust Micro worth $944,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the stock. Sound Income Strategies LLC bought a new stake in shares of iShares Gold Trust Micro in the 1st quarter worth about $82,000. Vicus Capital grew its stake in shares of iShares Gold Trust Micro by 6.7% during the first quarter. Vicus Capital now owns 30,188 shares of the company’s stock valued at $669,000 after buying an additional 1,896 shares during the last quarter. Versant Capital Management Inc raised its holdings in shares of iShares Gold Trust Micro by 49.4% in the second quarter. Versant Capital Management Inc now owns 193,068 shares of the company’s stock worth $4,479,000 after buying an additional 63,828 shares during the period. Deane Retirement Strategies Inc. bought a new stake in shares of iShares Gold Trust Micro during the 2nd quarter worth approximately $50,000. Finally, School Employees Retirement Board of Ohio purchased a new position in iShares Gold Trust Micro during the 2nd quarter valued at $34,511,000.

iShares Gold Trust Micro Stock Performance

IAUM stock traded up $0.27 during midday trading on Friday, reaching $27.13. The company’s stock had a trading volume of 2,381,524 shares, compared to its average volume of 1,369,148. iShares Gold Trust Micro has a 1 year low of $19.30 and a 1 year high of $27.15. The stock has a fifty day simple moving average of $25.66 and a two-hundred day simple moving average of $24.28.

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.