Westside Investment Management Inc. Has $1.02 Million Holdings in iShares Gold Trust (NYSEARCA:IAU)

Westside Investment Management Inc. decreased its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 2.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 20,568 shares of the exchange traded fund’s stock after selling 600 shares during the period. Westside Investment Management Inc.’s holdings in iShares Gold Trust were worth $1,018,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IAU. Quadrature Capital Ltd bought a new stake in iShares Gold Trust during the 3rd quarter worth about $95,801,000. Truist Financial Corp grew its stake in shares of iShares Gold Trust by 118.9% during the second quarter. Truist Financial Corp now owns 2,465,359 shares of the exchange traded fund’s stock valued at $108,303,000 after purchasing an additional 1,339,100 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 valued at $557,498,000 after purchasing an additional 981,362 shares in the last quarter. Park Avenue Securities LLC raised its position in iShares Gold Trust by 6,538.7% in the 4th 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 lifted its holdings in iShares Gold Trust by 10,279.7% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 672,812 shares of the exchange traded fund’s stock worth $33,128,000 after buying an additional 666,330 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Up 0.5 %

Shares of IAU opened at $52.00 on Wednesday. The business’s fifty day moving average price is $49.95 and its two-hundred day moving average price is $48.86. iShares Gold Trust has a 52 week low of $37.53 and a 52 week high of $52.69.

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.