Thrivent Financial for Lutherans Decreases Stake in iShares Gold Trust Micro $IAUM

Thrivent Financial for Lutherans lessened its stake in iShares Gold Trust Micro (NYSEARCA:IAUM) by 18.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor 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 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Decker Retirement Planning Inc. purchased a new position in shares of iShares Gold Trust Micro in the 4th quarter valued at about $28,000. US Bancorp DE purchased a new stake in iShares Gold Trust Micro during the third quarter worth approximately $28,000. Imprint Wealth LLC purchased a new stake in iShares Gold Trust Micro during the third quarter worth approximately $44,000. Tradewinds Capital Management LLC lifted its stake in iShares Gold Trust Micro by 58.0% during the fourth quarter. Tradewinds Capital Management LLC now owns 1,100 shares of the company’s stock worth $47,000 after purchasing an additional 404 shares during the last quarter. Finally, Asset Dedication LLC purchased a new stake in iShares Gold Trust Micro during the fourth quarter worth approximately $47,000.

iShares Gold Trust Micro Stock Performance

IAUM stock opened at $44.93 on Monday. The business has a 50 day moving average price of $46.64 and a 200 day moving average price of $46.10. iShares Gold Trust Micro has a fifty-two week low of $32.46 and a fifty-two week 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.