Encompass More Asset Management lifted its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 75.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 149,513 shares of the company’s stock after acquiring an additional 64,451 shares during the quarter. SPDR Gold MiniShares Trust accounts for about 3.0% of Encompass More Asset Management’s holdings, making the stock its 4th largest position. Encompass More Asset Management’s holdings in SPDR Gold MiniShares Trust were worth $7,794,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of the company. Cassaday & Co Wealth Management LLC bought a new position in shares of SPDR Gold MiniShares Trust in the second quarter worth $251,429,000. Citigroup Inc. boosted its stake in SPDR Gold MiniShares Trust by 5,727,072.7% during the third quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock valued at $98,524,000 after buying an additional 1,889,934 shares during the period. Asset Management One Co. Ltd. boosted its stake in SPDR Gold MiniShares Trust by 28.1% during the third quarter. Asset Management One Co. Ltd. now owns 4,017,429 shares of the company’s stock valued at $209,429,000 after buying an additional 880,693 shares during the period. The Manufacturers Life Insurance Company bought a new stake in SPDR Gold MiniShares Trust during the second quarter valued at $31,681,000. Finally, Nisa Investment Advisors LLC bought a new stake in SPDR Gold MiniShares Trust during the second quarter valued at $15,542,000.
SPDR Gold MiniShares Trust Price Performance
NYSEARCA:GLDM opened at $52.70 on Friday. SPDR Gold MiniShares Trust has a 52-week low of $39.19 and a 52-week high of $55.29. The stock has a fifty day moving average of $52.89 and a 200 day moving average of $49.63.
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.
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