Farther Finance Advisors LLC Boosts Stock Position in SPDR Gold MiniShares Trust $GLDM

Farther Finance Advisors LLC grew its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report) by 17.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 635,706 shares of the company’s stock after purchasing an additional 94,239 shares during the period. SPDR Gold MiniShares Trust makes up about 0.6% of Farther Finance Advisors LLC’s holdings, making the stock its 28th largest holding. Farther Finance Advisors LLC owned approximately 0.21% of SPDR Gold MiniShares Trust worth $54,270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Sumitomo Mitsui Trust Group Inc. grew its position in shares of SPDR Gold MiniShares Trust by 26.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,477,937 shares of the company’s stock valued at $1,412,638,000 after purchasing an additional 3,881,643 shares in the last quarter. Bank of America Corp DE grew its position in shares of SPDR Gold MiniShares Trust by 28.6% in the third quarter. Bank of America Corp DE now owns 7,367,296 shares of the company’s stock valued at $563,230,000 after purchasing an additional 1,636,398 shares in the last quarter. UBS Group AG grew its position in shares of SPDR Gold MiniShares Trust by 8.5% in the third quarter. UBS Group AG now owns 3,315,804 shares of the company’s stock valued at $253,493,000 after purchasing an additional 259,066 shares in the last quarter. 3EDGE Asset Management LP grew its position in shares of SPDR Gold MiniShares Trust by 22.1% in the third quarter. 3EDGE Asset Management LP now owns 2,700,196 shares of the company’s stock valued at $206,430,000 after purchasing an additional 488,576 shares in the last quarter. Finally, State Street Corp grew its position in shares of 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 valued at $176,594,000 after purchasing an additional 8,380 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

GLDM stock opened at $95.90 on Wednesday. The business has a 50 day simple moving average of $96.97 and a 200-day simple moving average of $89.29. SPDR Gold MiniShares Trust has a 1 year low of $62.70 and a 1 year high of $109.74.

Key SPDR Gold MiniShares Trust News

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

SPDR Gold MiniShares Trust Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

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