Wealthfront Advisers LLC Acquires Shares in iShares Gold Trust Micro

Wealthfront Advisers LLC has made a notable investment by purchasing a fresh stake in the iShares Gold Trust Micro (NYSEARCA:IAUM) during the fourth quarter of 2024. According to their latest filing with the Securities and Exchange Commission, the firm acquired 10,955 shares of this exchange-traded fund (ETF), which is valued at around $287,000.

In addition to Wealthfront Advisers LLC, other institutional investors have taken steps to adjust their investments in iShares Gold Trust Micro. For example, Cullen Frost Bankers Inc. acquired a new position in this ETF during the same quarter, amounting to $74,000. Smartleaf Asset Management LLC also entered the market by purchasing shares worth $78,000 during the fourth quarter. Moreover, Pineridge Advisors LLC increased its holdings in iShares Gold Trust Micro by 16.9%, bringing its total to 4,978 shares valued at $130,000 after an additional acquisition of 721 shares. Other notable investors include MML Investors Services LLC, which bought a stake worth about $201,000 in the previous quarter, and RHS Financial LLC, which invested around $262,000 in the fourth quarter.

Performance of iShares Gold Trust Micro

On March 18, 2025, the iShares Gold Trust Micro opened at $29.93. The fund has shown a 50-day simple moving average of $28.30 and a two-hundred-day simple moving average of $27.01. Over the past year, iShares Gold Trust Micro has experienced a 52-week low of $21.44 and a 52-week high of $29.93.

Overview of iShares Gold Trust Micro

The iShares Gold Trust Micro (IAUM) is an exchange-traded fund designed to reflect the performance of the LBMA Gold Price index. This fund tracks the spot price of gold, adjusting for any expenses and liabilities associated with managing the fund, which uses gold bars stored in secure vaults. It was launched on June 15, 2021, and is managed by BlackRock.

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Interested in hedge fund activities regarding IAUM? Visit HoldingsChannel.com to access the latest 13F filings and insider trading activity for iShares Gold Trust Micro (NYSEARCA:IAUM).

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investment, ETF, gold