Citigroup Inc. Purchases 1,889,934 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Citigroup Inc. grew its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 5,727,072.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,889,967 shares of the company’s stock after acquiring an additional 1,889,934 shares during the period. Citigroup Inc. owned 1.22% of SPDR Gold MiniShares Trust worth $98,524,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of GLDM. Hantz Financial Services Inc. purchased a new position in SPDR Gold MiniShares Trust during the second quarter valued at approximately $28,000. Family Firm Inc. purchased a new position in shares of SPDR Gold MiniShares Trust during the 2nd quarter valued at $32,000. Rothschild Investment LLC bought a new position in SPDR Gold MiniShares Trust in the 2nd quarter worth $38,000. Barrett & Company Inc. purchased a new stake in SPDR Gold MiniShares Trust in the 3rd quarter worth $53,000. Finally, First Horizon Advisors Inc. bought a new stake in SPDR Gold MiniShares Trust during the third quarter valued at about $65,000.

SPDR Gold MiniShares Trust Stock Up 1.3 %

NYSEARCA GLDM opened at $53.62 on Friday. SPDR Gold MiniShares Trust has a twelve month low of $39.19 and a twelve month high of $55.29. The business has a 50-day moving average price of $52.73 and a 200-day moving average price of $49.37.

About SPDR Gold MiniShares Trust

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.