Sigma Investment Counselors Inc. Invests $9.03 Million in iShares Gold Trust Micro $IAUM

Sigma Investment Counselors Inc. purchased a new stake in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 234,627 shares of the company’s stock, valued at approximately $9,033,000.

Other large investors have also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. increased its stake in iShares Gold Trust Micro by 95.0% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,134,927 shares of the company’s stock worth $698,195,000 after acquiring an additional 8,834,927 shares during the last quarter. AlTi Global Inc. acquired a new position in shares of iShares Gold Trust Micro in the 2nd quarter valued at $46,193,000. Blue Trust Inc. grew its holdings in shares of iShares Gold Trust Micro by 2,907.8% during the 2nd quarter. Blue Trust Inc. now owns 1,385,449 shares of the company’s stock worth $45,706,000 after purchasing an additional 1,339,387 shares during the period. Heck Capital Advisors LLC purchased a new position in shares of iShares Gold Trust Micro during the 3rd quarter worth $27,412,000. Finally, Vident Advisory LLC acquired a new stake in shares of iShares Gold Trust Micro during the 2nd quarter worth about $22,029,000.

iShares Gold Trust Micro Stock Performance

Shares of IAUM opened at $45.68 on Friday. The company’s 50-day moving average price is $42.90 and its 200 day moving average price is $38.58. iShares Gold Trust Micro has a 12-month low of $26.93 and a 12-month high of $46.28.

iShares Gold Trust Micro Profile

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.