American National Bank of Texas Invests $3.49 Million in SPDR Gold MiniShares Trust $GLDM

American National Bank of Texas acquired a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 45,688 shares of the company’s stock, valued at approximately $3,493,000. SPDR Gold MiniShares Trust makes up 3.3% of American National Bank of Texas’ portfolio, making the stock its 11th biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of GLDM. Jane Street Group LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the first quarter valued at about $395,321,000. Empower Advisory Group LLC bought a new stake in SPDR Gold MiniShares Trust in the 2nd quarter valued at about $336,022,000. Asset Management One Co. Ltd. raised its stake in SPDR Gold MiniShares Trust by 1.3% during the 2nd quarter. Asset Management One Co. Ltd. now owns 4,055,562 shares of the company’s stock worth $265,720,000 after buying an additional 51,172 shares during the period. State Street Corp boosted its holdings in SPDR Gold MiniShares Trust by 0.3% in the second quarter. State Street Corp now owns 2,695,268 shares of the company’s stock worth $176,594,000 after acquiring an additional 8,380 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in SPDR Gold MiniShares Trust by 10.4% in the second quarter. Ameriprise Financial Inc. now owns 2,429,541 shares of the company’s stock valued at $159,121,000 after acquiring an additional 229,479 shares during the period.

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA GLDM opened at $85.10 on Monday. SPDR Gold MiniShares Trust has a 52 week low of $51.24 and a 52 week high of $86.75. The business has a 50 day moving average price of $81.44 and a 200-day moving average price of $72.87.

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.