Alaska Permanent Fund Corp Sells 264,000 Shares of iShares Gold Trust Micro (NYSEARCA:IAUM)

Alaska Permanent Fund Corp lessened its stake in iShares Gold Trust Micro (NYSEARCA:IAUM) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,540,000 shares of the company’s stock after selling 264,000 shares during the period. iShares Gold Trust Micro comprises about 2.5% of Alaska Permanent Fund Corp’s holdings, making the stock its 12th largest holding. Alaska Permanent Fund Corp owned approximately 13.19% of iShares Gold Trust Micro worth $171,152,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Deane Retirement Strategies Inc. boosted its position in iShares Gold Trust Micro by 22.4% during the 3rd quarter. Deane Retirement Strategies Inc. now owns 2,654 shares of the company’s stock valued at $70,000 after buying an additional 485 shares during the period. Evermay Wealth Management LLC purchased a new stake in shares of iShares Gold Trust Micro during the third quarter worth about $99,000. Sound Income Strategies LLC grew its stake in shares of iShares Gold Trust Micro by 55.6% in the third quarter. Sound Income Strategies LLC now owns 5,748 shares of the company’s stock worth $151,000 after purchasing an additional 2,053 shares during the last quarter. Exchange Traded Concepts LLC increased its holdings in iShares Gold Trust Micro by 14.9% during the 3rd quarter. Exchange Traded Concepts LLC now owns 6,213 shares of the company’s stock valued at $163,000 after purchasing an additional 808 shares during the period. Finally, Blue Trust Inc. bought a new position in iShares Gold Trust Micro during the 3rd quarter valued at approximately $185,000.

iShares Gold Trust Micro Trading Up 0.8 %

Shares of IAUM stock opened at $26.90 on Thursday. iShares Gold Trust Micro has a fifty-two week low of $19.81 and a fifty-two week high of $27.83. The business’s 50 day moving average price is $26.34 and its 200-day moving average price is $25.68.

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.