Thrivent Financial for Lutherans Purchases 106,797 Shares of iShares Gold Trust (NYSEARCA:IAU)

Thrivent Financial for Lutherans raised its position in iShares Gold Trust (NYSEARCA:IAU) by 97.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 216,813 shares of the exchange traded fund’s stock after purchasing an additional 106,797 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares Gold Trust were worth $10,768,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC increased its stake in iShares Gold Trust by 2,943.8% in the fourth quarter. Proficio Capital Partners LLC now owns 65,535,203 shares of the exchange traded fund’s stock valued at $3,244,648,000 after purchasing an additional 63,382,112 shares in the last quarter. FMR LLC increased its position in shares of iShares Gold Trust by 0.3% during the third quarter. FMR LLC now owns 23,065,092 shares of the exchange traded fund’s stock worth $1,146,335,000 after acquiring an additional 60,784 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Gold Trust by 9.6% during the third quarter. JPMorgan Chase & Co. now owns 11,217,258 shares of the exchange traded fund’s stock worth $557,498,000 after acquiring an additional 981,362 shares in the last quarter. WealthNavi Inc. increased its position in shares of iShares Gold Trust by 2.4% during the fourth quarter. WealthNavi Inc. now owns 5,924,001 shares of the exchange traded fund’s stock worth $293,297,000 after acquiring an additional 141,211 shares in the last quarter. Finally, Truist Financial Corp increased its position in shares of iShares Gold Trust by 56.8% during the fourth quarter. Truist Financial Corp now owns 4,160,293 shares of the exchange traded fund’s stock worth $205,976,000 after acquiring an additional 1,507,442 shares in the last quarter. Institutional investors own 59.67% of the company’s stock.

iShares Gold Trust Stock Down 0.8 %

Shares of IAU stock opened at $56.97 on Friday. The firm has a fifty day moving average of $54.10 and a 200-day moving average of $51.37. iShares Gold Trust has a 12-month low of $41.05 and a 12-month high of $57.59. The company has a market capitalization of $40.81 billion, a price-to-earnings ratio of -34.13 and a beta of 0.20.

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.