iShares Gold Trust Micro ETF of Benef Interest (IAUM) Price & Chart
IAUM ETF Chart & Stats
- Day’s Range
- $39.61 - $40.15
- 52-Week Range
- $39.02 - $55.27
- Previous Close
- $40.14
- Volume
- 2.61M
- Average Volume (3M)
- 2.90M
- AUM
- 8.02B
- NAV
- 39.98
- Expense Ratio
- 0.09%
- Holdings Count
- 0
- Beta
- 0.22
- Inception Date
- Jun 15, 2021
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 197,350,000
- Standard Deviation
- N/A
ETF Overview
iShares Gold Trust Micro ETF of Benef Interest
The iShares Gold Trust Micro ETF (ticker: IAUM) is a specialized financial instrument designed to offer investors direct exposure to the gold market. As a part of the Precious Metals category, this ETF is focused meticulously on gold, providing a unique investment opportunity for those seeking to diversify their portfolio with this timeless and historically significant asset. What sets the iShares Gold Trust Micro ETF apart is its niche emphasis on physically held gold. This means that the value of the ETF is directly linked to the physical gold that it holds, offering a tangible asset backing that can serve as a hedge against inflation and economic uncertainty. As a micro ETF, it is particularly suitable for investors who prefer a smaller scale investment in gold, allowing greater accessibility and flexibility in the gold market. Ideal for both seasoned investors looking to enhance their precious metals allocation and newcomers eager to explore the benefits of gold investment, the iShares Gold Trust Micro ETF combines the stability of physical gold with the convenience and liquidity of an ETF. This fund represents a modern approach to gold investment, making it an appealing choice for those interested in safeguarding their wealth while capitalizing on the enduring allure of gold.