Myriad Asset Management US LP Sells 415,550 Shares of iShares Gold Trust Micro $IAUM

Myriad Asset Management US LP reduced its stake in iShares Gold Trust Micro (NYSEARCA:IAUM) by 60.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 275,242 shares of the company’s stock after selling 415,550 shares during the period. iShares Gold Trust Micro makes up approximately 19.8% of Myriad Asset Management US LP’s holdings, making the stock its largest holding. Myriad Asset Management US LP owned approximately 0.19% of iShares Gold Trust Micro worth $11,833,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. US Bancorp DE bought a new position in shares of iShares Gold Trust Micro during the 3rd quarter worth approximately $28,000. Tradewinds Capital Management LLC grew its position in iShares Gold Trust Micro by 58.0% in the fourth quarter. Tradewinds Capital Management LLC now owns 1,100 shares of the company’s stock valued at $47,000 after acquiring an additional 404 shares during the period. Imprint Wealth LLC bought a new stake in iShares Gold Trust Micro in the third quarter valued at $44,000. Abound Wealth Management acquired a new position in iShares Gold Trust Micro during the fourth quarter worth $55,000. Finally, EverSource Wealth Advisors LLC raised its stake in iShares Gold Trust Micro by 204.8% during the third quarter. EverSource Wealth Advisors LLC now owns 1,887 shares of the company’s stock worth $73,000 after acquiring an additional 1,268 shares in the last quarter.

iShares Gold Trust Micro Price Performance

Shares of NYSEARCA IAUM opened at $46.57 on Friday. iShares Gold Trust Micro has a 52-week low of $29.49 and a 52-week high of $55.27. The business has a fifty day moving average of $49.29 and a two-hundred day moving average of $44.41.

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.