SEC Filing Summary: West Bancorporation Inc (Form 13F)
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by West Bancorporation Inc for the reporting period ending June 30, 2020. As a Form 13F, this document discloses the equity securities held by the company (acting as an institutional investment manager) at the end of the quarter. It does not contain the company's own financial performance, revenue, or operational results.
Key Financial Metrics and Portfolio Composition
The filing details a diversified portfolio of equity securities, Exchange Traded Funds (ETFs), and closed-end funds. Key portfolio characteristics include:
- Top Holdings by Share Count: The portfolio is heavily weighted toward broad market and dividend-focused ETFs. The largest single position by share count is Vanguard FTSE Developed Markets ETF (164,600 shares), followed by ISHARES Russell Midcap ETF (133,717 shares) and ISHARES Russell 1000 Growth ETF (38,056 shares).
- Significant Equity Positions: Notable individual stock holdings include West Bancorporation Inc (43,557 shares), Pfizer Inc (20,184 shares), ISHARES MSCI EAFE Index Fd (24,420 shares), and ISHARES Russell 2000 Index Fd (23,998 shares).
- Asset Classes: The portfolio includes significant exposure to fixed income via ETFs (e.g., ISHARES Barclays Aggregate Bond Fund, Vanguard Total Bond Market ETF) and commodities (e.g., ISHARES COMEX Gold Trust).
- Voting Authority: For all listed securities, the company reported Sole voting authority, with no shared or none voting authority reported.
Material Changes and Comparisons
Not Applicable: This filing is a snapshot of holdings as of June 30, 2020. The provided text does not contain data for the prior comparable period (March 31, 2020) or a summary of purchases and sales during the quarter. Therefore, material changes in position size or portfolio composition cannot be determined from this document alone.
Guidance, Outlook, and Risks
Not Applicable: Form 13F filings are regulatory disclosures of holdings and do not contain management commentary, forward-looking guidance, risk factors, or contingency plans regarding the company's own business operations.
Key Facts for Investor Verification
- Self-Holding: West Bancorporation Inc holds 43,557 shares of its own common stock (CUSIP 95123P106) in this portfolio.
- Passive Strategy: The portfolio is dominated by passive index funds and ETFs (Vanguard, iShares, SPDR, WisdomTree), suggesting a passive investment strategy for the disclosed assets.
- Dividend Focus: There is a distinct concentration in dividend-focused vehicles, including ISHARES Intl Select Dividend ETF (32,818 shares), SPDR S&P Dividend ETF (9,681 shares), and multiple WisdomTree dividend funds.
- Valuation Data: The "Value" column in the source table appears to represent the number of shares or a non-standard metric (e.g., 164,600 for Vanguard FTSE Developed Markets), rather than a dollar value, as the "Value" column header in the raw text is ambiguous and the numbers align with share counts in many rows. Investors should verify the actual market value of these positions using external pricing data for June 30, 2020.