iShares Gold Trust (NYSEARCA:IAU) Shares Bought by WESPAC Advisors SoCal LLC

WESPAC Advisors SoCal LLC raised its holdings in iShares Gold Trust (NYSEARCA:IAU) by 19.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,747 shares of the exchange traded fund’s stock after acquiring an additional 1,119 shares during the quarter. WESPAC Advisors SoCal LLC’s holdings in iShares Gold Trust were worth $334,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Archer Investment Corp raised its stake 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 worth $30,000 after buying an additional 529 shares during the last quarter. Financial Life Planners acquired a new position in shares of iShares Gold Trust during the 4th quarter worth $33,000. Valued Wealth Advisors LLC raised its stake 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 worth $42,000 after buying an additional 333 shares during the last quarter. Independence Bank of Kentucky acquired a new position in shares of iShares Gold Trust during the 4th quarter worth $52,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares Gold Trust by 127.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,135 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 635 shares during the last quarter. Institutional investors and hedge funds own 59.67% of the company’s stock.

iShares Gold Trust Price Performance

Shares of IAU stock opened at $53.17 on Tuesday. The firm has a 50-day moving average price of $50.39 and a 200 day moving average price of $49.23. iShares Gold Trust has a twelve month low of $37.53 and a twelve month high of $53.44.

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.