iShares Gold Trust (NYSEARCA:IAU) is WESCAP Management Group Inc.’s 5th Largest Position

WESCAP Management Group Inc. lowered its stake in shares of iShares Gold Trust (NYSEARCA:IAU) by 5.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 390,044 shares of the exchange traded fund’s stock after selling 23,532 shares during the period. iShares Gold Trust makes up approximately 4.7% of WESCAP Management Group Inc.’s portfolio, making the stock its 5th biggest holding. WESCAP Management Group Inc. owned approximately 0.06% of iShares Gold Trust worth $19,311,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Glenmede Trust Co. NA grew its holdings in shares of iShares Gold Trust by 70.7% during the 3rd quarter. Glenmede Trust Co. NA now owns 22,861 shares of the exchange traded fund’s stock worth $1,136,000 after purchasing an additional 9,468 shares during the period. Benjamin Edwards Inc. purchased a new stake in iShares Gold Trust during the third quarter worth approximately $593,000. Hilltop Holdings Inc. increased its position in shares of iShares Gold Trust by 2.9% in the third quarter. Hilltop Holdings Inc. now owns 20,294 shares of the exchange traded fund’s stock worth $1,009,000 after acquiring an additional 575 shares in the last quarter. Independent Family Office LLC raised its stake in shares of iShares Gold Trust by 4.1% in the 3rd quarter. Independent Family Office LLC now owns 425,857 shares of the exchange traded fund’s stock valued at $21,155,000 after acquiring an additional 16,827 shares during the period. Finally, IHT Wealth Management LLC lifted its holdings in shares of iShares Gold Trust by 31.9% during the 3rd quarter. IHT Wealth Management LLC now owns 60,386 shares of the exchange traded fund’s stock valued at $3,009,000 after acquiring an additional 14,613 shares in the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Trading Down 0.2 %

Shares of iShares Gold Trust stock opened at $58.86 on Wednesday. iShares Gold Trust has a twelve month low of $42.57 and a twelve month high of $59.15. The stock has a market cap of $42.53 billion, a price-to-earnings ratio of -35.73 and a beta of 0.17. The company has a fifty day moving average price of $55.05 and a 200 day moving average price of $51.90.

iShares Gold Trust Company 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.