MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $50.99 Million Stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 980,776 shares of the company’s stock after selling 34,717 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.63% of SPDR Gold MiniShares Trust worth $50,991,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Brookstone Capital Management lifted its position in shares of SPDR Gold MiniShares Trust by 25.5% in the fourth quarter. Brookstone Capital Management now owns 99,042 shares of the company’s stock valued at $5,149,000 after buying an additional 20,124 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in SPDR Gold MiniShares Trust by 2.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 9,094 shares of the company’s stock worth $473,000 after purchasing an additional 257 shares during the last quarter. Allworth Financial LP lifted its holdings in SPDR Gold MiniShares Trust by 8.9% during the 4th quarter. Allworth Financial LP now owns 2,636 shares of the company’s stock worth $144,000 after purchasing an additional 216 shares during the last quarter. Theory Financial LLC acquired a new stake in SPDR Gold MiniShares Trust during the 4th quarter worth approximately $491,000. Finally, Lodestar Private Asset Management LLC lifted its holdings in SPDR Gold MiniShares Trust by 5.6% during the 4th quarter. Lodestar Private Asset Management LLC now owns 77,733 shares of the company’s stock worth $4,041,000 after purchasing an additional 4,097 shares during the last quarter.

SPDR Gold MiniShares Trust Price Performance

NYSEARCA:GLDM opened at $64.34 on Wednesday. The stock has a 50 day simple moving average of $62.52 and a 200 day simple moving average of $57.01. SPDR Gold MiniShares Trust has a 1-year low of $45.35 and a 1-year high of $68.23.

SPDR Gold MiniShares Trust Company 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.