Forvis Mazars Wealth Advisors LLC increased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 4.3% during the second quarter, HoldingsChannel reports. The firm owned 70,131 shares of the company’s stock after acquiring an additional 2,863 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $4,595,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of GLDM. Jane Street Group LLC purchased a new position in SPDR Gold MiniShares Trust in the 1st quarter worth about $395,321,000. Sumitomo Mitsui Trust Group Inc. increased its stake in SPDR Gold MiniShares Trust by 12.3% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 14,596,294 shares of the company’s stock worth $903,365,000 after purchasing an additional 1,596,294 shares in the last quarter. Mizuho Bank Ltd. purchased a new position in SPDR Gold MiniShares Trust in the 1st quarter worth about $68,079,000. Charles Schwab Investment Management Inc. purchased a new position in SPDR Gold MiniShares Trust in the 1st quarter worth about $65,351,000. Finally, Principal Financial Group Inc. grew its stake in SPDR Gold MiniShares Trust by 55.3% during the 1st quarter. Principal Financial Group Inc. now owns 2,729,216 shares of the company’s stock valued at $168,911,000 after acquiring an additional 972,011 shares in the last quarter.
SPDR Gold MiniShares Trust Stock Down 1.9%
NYSEARCA:GLDM opened at $83.70 on Friday. SPDR Gold MiniShares Trust has a fifty-two week low of $50.67 and a fifty-two week high of $85.47. The stock’s 50-day moving average is $72.76 and its two-hundred day moving average is $68.00.
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.
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