Sigma Investment Counselors Inc. Acquires 5,482 Shares of iShares Gold Trust (NYSEARCA:IAU)

Sigma Investment Counselors Inc. raised its holdings in shares of iShares Gold Trust (NYSEARCA:IAU) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 232,252 shares of the exchange traded fund’s stock after acquiring an additional 5,482 shares during the quarter. Sigma Investment Counselors Inc.’s holdings in iShares Gold Trust were worth $11,499,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in IAU. Quadrature Capital Ltd bought a new stake in shares of iShares Gold Trust in the third quarter worth about $95,801,000. Truist Financial Corp increased its holdings in shares of iShares Gold Trust by 56.8% in the fourth quarter. Truist Financial Corp now owns 4,160,293 shares of the exchange traded fund’s stock worth $205,976,000 after purchasing an additional 1,507,442 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares Gold Trust by 9.6% in the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after purchasing an additional 981,362 shares during the last quarter. Park Avenue Securities LLC increased its holdings in shares of iShares Gold Trust by 6,538.7% in the fourth quarter. Park Avenue Securities LLC now owns 682,854 shares of the exchange traded fund’s stock worth $33,808,000 after purchasing an additional 672,568 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC increased its holdings in shares of iShares Gold Trust by 10,279.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock worth $33,128,000 after purchasing an additional 666,330 shares during the last quarter. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Stock Down 0.1 %

Shares of IAU stock opened at $55.39 on Friday. iShares Gold Trust has a 12-month low of $38.21 and a 12-month high of $55.60. The stock’s 50-day moving average price is $51.75 and its 200-day moving average price is $50.16.

iShares Gold Trust Profile

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.