iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by Sigma Investment Counselors Inc.

Sigma Investment Counselors Inc. increased its position in iShares Gold Trust (NYSEARCA:IAU) by 2.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 228,389 shares of the exchange traded fund’s stock after buying an additional 4,717 shares during the quarter. Sigma Investment Counselors Inc.’s holdings in iShares Gold Trust were worth $10,033,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC purchased a new stake in shares of iShares Gold Trust during the fourth quarter valued at $7,211,000. Greenleaf Trust purchased a new stake in shares of iShares Gold Trust during the fourth quarter valued at $209,000. CWM LLC lifted its holdings in shares of iShares Gold Trust by 9.3% during the fourth quarter. CWM LLC now owns 20,934 shares of the exchange traded fund’s stock valued at $817,000 after purchasing an additional 1,779 shares during the last quarter. GAMMA Investing LLC purchased a new stake in shares of iShares Gold Trust during the fourth quarter valued at $38,000. Finally, Wynn Capital LLC purchased a new stake in shares of iShares Gold Trust during the fourth quarter valued at $259,000. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 1.2 %

Shares of NYSEARCA IAU traded up $0.55 during mid-day trading on Friday, hitting $47.43. 4,430,396 shares of the company traded hands, compared to its average volume of 6,287,827. iShares Gold Trust has a 1 year low of $34.35 and a 1 year high of $47.83. The business has a 50 day moving average of $45.39 and a two-hundred day moving average of $43.45.

About iShares Gold Trust

iShares Gold Trust (the Trust) is to own gold transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist of gold held by the Trust’s custodian on behalf of the Trust.