West Family Investments Inc. Sells 537 Shares of iShares Gold Trust (NYSEARCA:IAU)

West Family Investments Inc. cut its position in shares of iShares Gold Trust (NYSEARCA:IAU) by 0.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 620,540 shares of the exchange traded fund’s stock after selling 537 shares during the quarter. iShares Gold Trust comprises 8.4% of West Family Investments Inc.’s portfolio, making the stock its biggest position. West Family Investments Inc. owned about 0.09% of iShares Gold Trust worth $24,403,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IAU. ORG Partners LLC bought a new position in iShares Gold Trust in the fourth quarter worth about $28,000. North Star Investment Management Corp. boosted its position in iShares Gold Trust by 125.7% during the 4th quarter. North Star Investment Management Corp. now owns 860 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 479 shares during the period. Chilton Capital Management LLC lifted its stake in iShares Gold Trust by 162.8% in the fourth quarter. Chilton Capital Management LLC now owns 875 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 542 shares during the last quarter. GAMMA Investing LLC bought a new stake in iShares Gold Trust in the 4th quarter valued at about $38,000. Finally, Tompkins Financial Corp bought a new position in iShares Gold Trust in the 4th quarter worth about $57,000. 59.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares Gold Trust Price Performance

Shares of NYSEARCA:IAU traded down $0.17 during trading hours on Thursday, hitting $43.52. The stock had a trading volume of 4,710,510 shares, compared to its average volume of 6,930,749. The stock’s fifty day simple moving average is $42.11 and its 200 day simple moving average is $39.49. iShares Gold Trust has a 1-year low of $34.35 and a 1-year high of $45.98.

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.