iShares Gold Trust (NYSEARCA:IAU) Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 0.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 110,016 shares of the exchange traded fund’s stock after acquiring an additional 640 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares Gold Trust were worth $5,468,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Archer Investment Corp increased its holdings in shares of iShares Gold Trust by 813.8% in the third quarter. Archer Investment Corp now owns 594 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 529 shares during the period. Global Trust Asset Management LLC raised its position in iShares Gold Trust by 250.0% during the 2nd quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 500 shares during the last quarter. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares Gold Trust in the 2nd quarter worth $31,000. Opal Wealth Advisors LLC purchased a new stake in shares of iShares Gold Trust in the second quarter valued at about $34,000. Finally, Pacifica Partners Inc. acquired a new position in shares of iShares Gold Trust during the second quarter worth about $35,000. 59.67% of the stock is owned by hedge funds and other institutional investors.

iShares Gold Trust Stock Performance

Shares of NYSEARCA:IAU opened at $51.08 on Friday. iShares Gold Trust has a 52 week low of $37.40 and a 52 week high of $52.69. The company has a 50-day moving average price of $50.30 and a 200 day moving average price of $47.14.

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.