SPDR Gold MiniShares Trust $GLDM Stake Boosted by Welch Group LLC

Welch Group LLC lifted its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 17.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 66,568 shares of the company’s stock after buying an additional 9,701 shares during the period. Welch Group LLC’s holdings in SPDR Gold MiniShares Trust were worth $5,471,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Traynor Capital Management Inc. boosted its position in SPDR Gold MiniShares Trust by 6.0% during the 3rd quarter. Traynor Capital Management Inc. now owns 2,841 shares of the company’s stock worth $233,000 after acquiring an additional 161 shares during the period. Beacon Financial Advisory LLC grew its position in SPDR Gold MiniShares Trust by 3.6% in the 2nd quarter. Beacon Financial Advisory LLC now owns 4,658 shares of the company’s stock valued at $370,000 after buying an additional 163 shares in the last quarter. Cassilly Financial Group LLC grew its position in SPDR Gold MiniShares Trust by 2.7% in the 3rd quarter. Cassilly Financial Group LLC now owns 6,782 shares of the company’s stock valued at $557,000 after buying an additional 180 shares in the last quarter. PNC Financial Services Group Inc. grew its position in SPDR Gold MiniShares Trust by 288.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 268 shares of the company’s stock valued at $25,000 after buying an additional 199 shares in the last quarter. Finally, Carnegie Investment Counsel increased its stake in SPDR Gold MiniShares Trust by 6.0% during the 1st quarter. Carnegie Investment Counsel now owns 3,550 shares of the company’s stock valued at $329,000 after buying an additional 200 shares during the period.

SPDR Gold MiniShares Trust Price Performance

SPDR Gold MiniShares Trust stock opened at $76.83 on Monday. SPDR Gold MiniShares Trust has a 52 week low of $76.54 and a 52 week high of $109.74. The company’s 50-day moving average price is $84.27 and its two-hundred day moving average price is $89.02.

SPDR Gold MiniShares Trust Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

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