Perennial Investment Advisors LLC bought a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 8,923 shares of the company’s stock, valued at approximately $464,000.
A number of other large investors also recently added to or reduced their stakes in GLDM. FMR LLC boosted its position in shares of SPDR Gold MiniShares Trust by 50.2% during the third quarter. FMR LLC now owns 7,425 shares of the company’s stock worth $387,000 after acquiring an additional 2,480 shares during the last quarter. Captrust Financial Advisors bought a new position in shares of SPDR Gold MiniShares Trust during the 3rd quarter valued at about $384,000. IHT Wealth Management LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 25.3% in the third quarter. IHT Wealth Management LLC now owns 18,505 shares of the company’s stock worth $965,000 after purchasing an additional 3,740 shares during the last quarter. State Street Corp boosted its stake in SPDR Gold MiniShares Trust by 43.2% during the third quarter. State Street Corp now owns 3,226,956 shares of the company’s stock valued at $168,221,000 after buying an additional 973,410 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new position in SPDR Gold MiniShares Trust during the third quarter valued at $221,000.
SPDR Gold MiniShares Trust Stock Performance
NYSEARCA:GLDM opened at $60.15 on Friday. The stock’s fifty day moving average is $58.18 and its 200 day moving average is $54.66. SPDR Gold MiniShares Trust has a fifty-two week low of $45.13 and a fifty-two week high of $62.11.
SPDR Gold MiniShares Trust Company 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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