West Family Investments Inc. Has $26.48 Million Holdings in iShares Gold Trust (NYSEARCA:IAU)

West Family Investments Inc. grew its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 534,779 shares of the exchange traded fund’s stock after buying an additional 1,865 shares during the period. iShares Gold Trust accounts for 9.3% of West Family Investments Inc.’s portfolio, making the stock its biggest holding. West Family Investments Inc.’s holdings in iShares Gold Trust were worth $26,477,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Compass Financial Services Inc purchased a new position in shares of iShares Gold Trust during the 4th quarter valued at about $27,000. Archer Investment Corp lifted its position in shares of iShares Gold Trust by 813.8% during the 3rd quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 529 shares in the last quarter. Financial Life Planners purchased a new position in shares of iShares Gold Trust during the 4th quarter valued at about $33,000. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Gold Trust during the 4th quarter valued at about $40,000. Finally, Valued Wealth Advisors LLC lifted its position in shares of iShares Gold Trust by 65.7% during the 4th quarter. Valued Wealth Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 333 shares in the last quarter. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Trading Down 0.5 %

NYSEARCA IAU opened at $54.87 on Friday. The stock’s 50 day moving average is $52.71 and its 200 day moving average is $50.67. iShares Gold Trust has a 12 month low of $40.63 and a 12 month high of $55.70. The stock has a market cap of $37.24 billion, a PE ratio of -33.32 and a beta of 0.20.

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.