Alpha Financial Partners LLC purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 7,040 shares of the company’s stock, valued at approximately $461,000.
Several other hedge funds and other institutional investors also recently modified their holdings of GLDM. Jane Street Group LLC bought a new stake in shares of SPDR Gold MiniShares Trust in the first quarter valued at approximately $395,321,000. Sumitomo Mitsui Trust Group Inc. raised its position in shares of SPDR Gold MiniShares Trust by 12.3% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 14,596,294 shares of the company’s stock valued at $903,365,000 after purchasing an additional 1,596,294 shares during the period. Mizuho Bank Ltd. bought a new stake in shares of SPDR Gold MiniShares Trust in the first quarter valued at approximately $68,079,000. Charles Schwab Investment Management Inc. bought a new stake in shares of SPDR Gold MiniShares Trust in the first quarter valued at approximately $65,351,000. Finally, Principal Financial Group Inc. raised its position in shares of SPDR Gold MiniShares Trust by 55.3% in the first quarter. Principal Financial Group Inc. now owns 2,729,216 shares of the company’s stock valued at $168,911,000 after purchasing an additional 972,011 shares during the period.
SPDR Gold MiniShares Trust Price Performance
NYSEARCA GLDM opened at $79.44 on Friday. The company’s 50 day moving average is $71.15 and its 200-day moving average is $67.24. SPDR Gold MiniShares Trust has a 12-month low of $50.67 and a 12-month high of $80.36.
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.
Read More
- Five stocks we like better than SPDR Gold MiniShares Trust
- Best Energy Stocks – Energy Stocks to Buy Now
- Bassett Furniture: Buy Now, Sit Back, and Collect Dividends
- Where Do I Find 52-Week Highs and Lows?
- AST SpaceMobile’s Big Win: Shares Soar on New Deal With Verizon
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- Catch the Next Bitcoin Rally With These 3 ETFs
Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
Receive News & Ratings for SPDR Gold MiniShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold MiniShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.
