Charles Schwab Investment Management Inc. acquired a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 1,055,916 shares of the company’s stock, valued at approximately $65,351,000. Charles Schwab Investment Management Inc. owned about 0.47% of SPDR Gold MiniShares Trust at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. GAMMA Investing LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the 1st quarter valued at about $29,000. PSI Advisors LLC boosted its holdings in SPDR Gold MiniShares Trust by 102.6% during the first quarter. PSI Advisors LLC now owns 472 shares of the company’s stock valued at $29,000 after acquiring an additional 239 shares during the period. Asset Planning Inc acquired a new stake in shares of SPDR Gold MiniShares Trust in the first quarter valued at about $29,000. Studio Investment Management LLC bought a new position in shares of SPDR Gold MiniShares Trust in the fourth quarter worth about $36,000. Finally, Silver Oak Securities Incorporated acquired a new position in shares of SPDR Gold MiniShares Trust during the 1st quarter worth about $49,000.
SPDR Gold MiniShares Trust Price Performance
Shares of NYSEARCA:GLDM opened at $66.08 on Friday. SPDR Gold MiniShares Trust has a 12 month low of $48.26 and a 12 month high of $68.26. The company’s 50-day moving average price is $66.32 and its two-hundred day moving average price is $63.12.
SPDR Gold MiniShares Trust 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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