Swmg LLC decreased its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 53.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,378 shares of the company’s stock after selling 9,554 shares during the period. Swmg LLC’s holdings in SPDR Gold MiniShares Trust were worth $548,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLDM. PSI Advisors LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 102.6% in the first quarter. PSI Advisors LLC now owns 472 shares of the company’s stock worth $29,000 after acquiring an additional 239 shares during the period. GAMMA Investing LLC bought a new stake in SPDR Gold MiniShares Trust during the first quarter worth approximately $29,000. Studio Investment Management LLC bought a new position in SPDR Gold MiniShares Trust during the fourth quarter valued at $36,000. Silver Oak Securities Incorporated bought a new stake in shares of SPDR Gold MiniShares Trust during the first quarter worth $49,000. Finally, Sunbelt Securities Inc. lifted its holdings in SPDR Gold MiniShares Trust by 730.6% during the 1st quarter. Sunbelt Securities Inc. now owns 814 shares of the company’s stock valued at $50,000 after buying an additional 716 shares in the last quarter.
SPDR Gold MiniShares Trust Trading Up 1.0%
Shares of NYSEARCA GLDM opened at $66.20 on Wednesday. SPDR Gold MiniShares Trust has a 52-week low of $46.00 and a 52-week high of $68.26. The stock has a 50 day moving average price of $65.77 and a 200 day moving average price of $60.18.
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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