Westside Investment Management Inc. Sells 600 Shares of iShares Gold Trust (NYSEARCA:IAU)

Westside Investment Management Inc. lessened its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,568 shares of the exchange traded fund’s stock after selling 600 shares during the quarter. Westside Investment Management Inc.’s holdings in iShares Gold Trust were worth $1,018,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. TCP Asset Management LLC boosted its stake in iShares Gold Trust by 3.0% during the third quarter. TCP Asset Management LLC now owns 6,672 shares of the exchange traded fund’s stock worth $332,000 after buying an additional 195 shares in the last quarter. Baker Avenue Asset Management LP boosted its position in shares of iShares Gold Trust by 2.9% during the 3rd quarter. Baker Avenue Asset Management LP now owns 7,517 shares of the exchange traded fund’s stock valued at $374,000 after acquiring an additional 215 shares in the last quarter. SeaCrest Wealth Management LLC increased its stake in iShares Gold Trust by 2.7% in the fourth quarter. SeaCrest Wealth Management LLC now owns 8,287 shares of the exchange traded fund’s stock valued at $410,000 after acquiring an additional 215 shares during the period. Howard Financial Services LTD. raised its position in iShares Gold Trust by 2.9% in the third quarter. Howard Financial Services LTD. now owns 7,774 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 220 shares in the last quarter. Finally, Avaii Wealth Management LLC lifted its stake in iShares Gold Trust by 1.7% during the third quarter. Avaii Wealth Management LLC now owns 14,814 shares of the exchange traded fund’s stock worth $736,000 after purchasing an additional 249 shares during the period. 59.67% of the stock is currently owned by institutional investors.

iShares Gold Trust Trading Up 0.5 %

IAU stock opened at $52.00 on Wednesday. iShares Gold Trust has a 1-year low of $37.53 and a 1-year high of $52.69. The business’s 50 day moving average is $49.95 and its 200-day moving average is $48.86.

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.