Asset Management One Co. Ltd. Has $225 Million Position in SPDR Gold MiniShares Trust $GLDM

Asset Management One Co. Ltd. reduced its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report) by 23.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,622,417 shares of the company’s stock after selling 795,548 shares during the quarter. SPDR Gold MiniShares Trust makes up 0.6% of Asset Management One Co. Ltd.’s investment portfolio, making the stock its 24th largest holding. Asset Management One Co. Ltd. owned approximately 0.84% of SPDR Gold MiniShares Trust worth $225,003,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GLDM. Deane Retirement Strategies Inc. lifted its holdings in shares of SPDR Gold MiniShares Trust by 126.4% during the third quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock worth $26,000 after buying an additional 187 shares during the last quarter. Accredited Wealth Management LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 174.4% during the third quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock worth $26,000 after buying an additional 218 shares during the last quarter. Networth Advisors LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the fourth quarter worth approximately $33,000. Financial Consulate Inc. acquired a new position in shares of SPDR Gold MiniShares Trust during the third quarter worth approximately $34,000. Finally, Evolution Wealth Management Inc. lifted its holdings in shares of SPDR Gold MiniShares Trust by 55.1% during the third quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock worth $37,000 after buying an additional 174 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Up 1.3%

Shares of GLDM stock opened at $96.04 on Friday. SPDR Gold MiniShares Trust has a 12 month low of $62.70 and a 12 month high of $109.74. The stock has a 50 day moving average of $96.86 and a 200-day moving average of $89.51.

SPDR Gold MiniShares Trust News Roundup

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

SPDR Gold MiniShares Trust Company 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.

Further Reading

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

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