Thrivent Financial for Lutherans Lowers Stock Holdings in iShares Gold Trust Micro $IAUM

Thrivent Financial for Lutherans trimmed its position in shares of iShares Gold Trust Micro (NYSEARCA:IAUM) by 18.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,976 shares of the company’s stock after selling 13,043 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Gold Trust Micro were worth $2,552,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IAUM. NewEdge Advisors LLC boosted its holdings in iShares Gold Trust Micro by 15.4% during the 1st quarter. NewEdge Advisors LLC now owns 30,731 shares of the company’s stock valued at $958,000 after acquiring an additional 4,108 shares during the period. Goldman Sachs Group Inc. purchased a new position in iShares Gold Trust Micro during the 1st quarter valued at about $7,793,000. Cerity Partners LLC boosted its holdings in iShares Gold Trust Micro by 4.3% during the 2nd quarter. Cerity Partners LLC now owns 18,283 shares of the company’s stock valued at $603,000 after acquiring an additional 750 shares during the period. Raymond James Financial Inc. boosted its stake in shares of iShares Gold Trust Micro by 29.2% in the 2nd quarter. Raymond James Financial Inc. now owns 150,685 shares of the company’s stock valued at $4,971,000 after buying an additional 34,072 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of iShares Gold Trust Micro in the 2nd quarter valued at about $13,766,000.

iShares Gold Trust Micro Stock Performance

Shares of IAUM opened at $44.93 on Monday. The stock has a 50-day simple moving average of $46.64 and a 200-day simple moving average of $46.10. iShares Gold Trust Micro has a 1 year low of $32.46 and a 1 year high of $55.27.

iShares Gold Trust Micro Profile

The iShares Gold Trust Micro (IAUM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in vaults. IAUM was launched on Jun 15, 2021 and is managed by BlackRock.