2,839 Shares in iShares Gold Trust Micro (NYSEARCA:IAUM) Acquired by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. bought a new position in iShares Gold Trust Micro (NYSEARCA:IAUM) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 2,839 shares of the company’s stock, valued at approximately $74,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC bought a new position in iShares Gold Trust Micro in the 4th quarter worth approximately $78,000. Pineridge Advisors LLC boosted its stake in iShares Gold Trust Micro by 16.9% in the 4th quarter. Pineridge Advisors LLC now owns 4,978 shares of the company’s stock worth $130,000 after purchasing an additional 721 shares during the period. MML Investors Services LLC bought a new position in iShares Gold Trust Micro in the 3rd quarter worth approximately $201,000. RHS Financial LLC bought a new position in iShares Gold Trust Micro in the 4th quarter worth approximately $262,000. Finally, Westfuller Advisors LLC bought a new position in iShares Gold Trust Micro in the 3rd quarter worth approximately $309,000.

iShares Gold Trust Micro Stock Performance

IAUM stock opened at $29.03 on Monday. iShares Gold Trust Micro has a 1-year low of $21.44 and a 1-year high of $29.44. The business has a 50 day simple moving average of $27.92 and a two-hundred day simple moving average of $26.82.

iShares Gold Trust Micro Company 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.