Kestra Private Wealth Services LLC acquired a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) in the 4th quarter, HoldingsChannel reports. The fund acquired 14,299 shares of the company’s stock, valued at approximately $585,000.
A number of other hedge funds have also made changes to their positions in the business. Sei Investments Co. boosted its holdings in SPDR Gold MiniShares Trust by 657.4% in the third quarter. Sei Investments Co. now owns 1,707,015 shares of the company’s stock valued at $62,588,000 after purchasing an additional 1,481,629 shares in the last quarter. HighTower Advisors LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at $37,555,000. Sumitomo Mitsui Trust Holdings Inc. grew its position in shares of SPDR Gold MiniShares Trust by 6.9% in the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 15,400,000 shares of the company’s stock valued at $564,564,000 after buying an additional 1,000,000 shares during the last quarter. Gradient Investments LLC raised its stake in SPDR Gold MiniShares Trust by 178.8% during the 4th quarter. Gradient Investments LLC now owns 1,389,608 shares of the company’s stock worth $56,849,000 after acquiring an additional 891,187 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in SPDR Gold MiniShares Trust by 47.6% in the third quarter. Bank of New York Mellon Corp now owns 1,247,057 shares of the company’s stock valued at $45,717,000 after acquiring an additional 402,451 shares during the last quarter.
SPDR Gold MiniShares Trust Stock Performance
NYSEARCA GLDM opened at $45.62 on Monday. The company has a fifty day moving average of $44.37 and a two-hundred day moving average of $41.52. SPDR Gold MiniShares Trust has a 1 year low of $35.99 and a 1 year high of $48.21.
SPDR Gold MiniShares Trust Company Profile
The SPDR Gold MiniShares Trust (GLDM) 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 London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.
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Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
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