MML Investors Services LLC Has $4.92 Million Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

MML Investors Services LLC increased its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 3.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,430 shares of the company’s stock after purchasing an additional 3,553 shares during the period. MML Investors Services LLC’s holdings in SPDR Gold MiniShares Trust were worth $4,923,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. MONECO Advisors LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the second quarter valued at approximately $242,000. Raymond James Financial Services Advisors Inc. increased its holdings in SPDR Gold MiniShares Trust by 1.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 407,243 shares of the company’s stock worth $18,770,000 after purchasing an additional 7,671 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of SPDR Gold MiniShares Trust by 14.9% in the 2nd quarter. SG Americas Securities LLC now owns 20,148 shares of the company’s stock valued at $929,000 after purchasing an additional 2,618 shares during the period. Exchange Traded Concepts LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 7.2% in the third quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock valued at $163,000 after purchasing an additional 210 shares in the last quarter. Finally, SNS Financial Group LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 0.9% in the second quarter. SNS Financial Group LLC now owns 518,539 shares of the company’s stock valued at $23,899,000 after purchasing an additional 4,732 shares in the last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of SPDR Gold MiniShares Trust stock opened at $52.46 on Friday. The business’s 50 day simple moving average is $52.91 and its 200 day simple moving average is $50.02. SPDR Gold MiniShares Trust has a 52-week low of $39.35 and a 52-week high of $55.29.

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.