Riggs Capital Management LLC Acquires Shares of 9,600 iShares Gold Trust Micro (NYSEARCA:IAUM)

Riggs Capital Management LLC acquired a new stake in iShares Gold Trust Micro (NYSEARCA:IAUM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 9,600 shares of the company’s stock, valued at approximately $251,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IAUM. Flow Traders U.S. LLC increased its position in shares of iShares Gold Trust Micro by 141.2% during the third quarter. Flow Traders U.S. LLC now owns 132,356 shares of the company’s stock worth $3,474,000 after acquiring an additional 77,484 shares during the period. Quadrature Capital Ltd purchased a new position in iShares Gold Trust Micro during the 3rd quarter worth $11,426,000. Orion Portfolio Solutions LLC raised its position in iShares Gold Trust Micro by 35.2% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 15,062 shares of the company’s stock valued at $395,000 after purchasing an additional 3,920 shares in the last quarter. MML Investors Services LLC purchased a new stake in shares of iShares Gold Trust Micro in the 3rd quarter worth $201,000. Finally, Sanctuary Advisors LLC bought a new position in shares of iShares Gold Trust Micro during the 3rd quarter worth $6,021,000.

iShares Gold Trust Micro Stock Performance

Shares of iShares Gold Trust Micro stock opened at $30.72 on Monday. iShares Gold Trust Micro has a 12 month low of $22.25 and a 12 month high of $31.18. The stock’s fifty day moving average price is $28.94 and its 200-day moving average price is $27.35.

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.