SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Sees Strong Trading Volume

Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDMGet Free Report) saw strong trading volume on Tuesday . 4,101,745 shares changed hands during trading, an increase of 45% from the previous session’s volume of 2,835,025 shares.The stock last traded at $44.86 and had previously closed at $44.52.

SPDR Gold MiniShares Trust Stock Performance

The business has a 50-day moving average of $41.42 and a two-hundred day moving average of $40.02.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. VitalStone Financial LLC grew its holdings in SPDR Gold MiniShares Trust by 611.1% during the 3rd quarter. VitalStone Financial LLC now owns 640 shares of the company’s stock valued at $25,000 after buying an additional 550 shares during the last quarter. Parkside Financial Bank & Trust acquired a new position in shares of SPDR Gold MiniShares Trust during the third quarter worth approximately $30,000. Headlands Technologies LLC bought a new stake in SPDR Gold MiniShares Trust during the fourth quarter worth approximately $39,000. Fortitude Family Office LLC purchased a new position in SPDR Gold MiniShares Trust during the 4th quarter worth approximately $40,000. Finally, Citigroup Inc. grew its position in SPDR Gold MiniShares Trust by 1,201.0% during the 3rd quarter. Citigroup Inc. now owns 1,353 shares of the company’s stock worth $50,000 after purchasing an additional 1,249 shares in the last quarter.

SPDR Gold MiniShares Trust Company Profile

(Get 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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