Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 296,526 shares of the company’s stock, valued at approximately $24,369,000. Mirae Asset Global Investments Co. Ltd. owned about 0.08% of SPDR Gold MiniShares Trust at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. lifted 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 acquiring an additional 199 shares in the last quarter. Evergreen Advisors LLC acquired a new position in SPDR Gold MiniShares Trust during the 1st quarter valued at about $49,000. Guardian Partners Inc. bought a new stake in SPDR Gold MiniShares Trust during the 3rd quarter worth approximately $44,000. First Bancorp Inc ME bought a new stake in SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $51,000. Finally, Basepoint Wealth LLC bought a new stake in SPDR Gold MiniShares Trust during the 1st quarter worth approximately $60,000.
SPDR Gold MiniShares Trust Price Performance
Shares of SPDR Gold MiniShares Trust stock opened at $78.03 on Tuesday. SPDR Gold MiniShares Trust has a 52 week low of $76.54 and a 52 week high of $109.74. The business has a 50 day moving average price of $84.01 and a 200-day moving average price of $88.96.
SPDR Gold MiniShares Trust 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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