SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Sees Unusually-High Trading Volume

SPDR Gold MiniShares Trust (NYSEARCA:GLDMGet Free Report) shares 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 Trading Up 0.9 %

The stock’s fifty day moving average price is $41.63 and its 200-day moving average price is $40.11.

Institutional Investors Weigh In On SPDR Gold MiniShares Trust

Large investors have recently made changes to their positions in the company. Managed Asset Portfolios LLC increased its stake in SPDR Gold MiniShares Trust by 15.4% in the 3rd quarter. Managed Asset Portfolios LLC now owns 84,852 shares of the company’s stock valued at $3,111,000 after buying an additional 11,352 shares during the period. Independent Advisor Alliance increased its stake in SPDR Gold MiniShares Trust by 5.3% in the 3rd quarter. Independent Advisor Alliance now owns 8,683 shares of the company’s stock valued at $318,000 after buying an additional 439 shares during the period. Great Valley Advisor Group Inc. increased its stake in SPDR Gold MiniShares Trust by 38.4% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 102,837 shares of the company’s stock valued at $3,770,000 after buying an additional 28,509 shares during the period. Robinson Value Management Ltd. increased its stake in SPDR Gold MiniShares Trust by 1.7% in the 3rd quarter. Robinson Value Management Ltd. now owns 22,122 shares of the company’s stock valued at $811,000 after buying an additional 372 shares during the period. Finally, Patten Group Inc. acquired a new position in SPDR Gold MiniShares Trust in the 4th quarter valued at approximately $228,000.

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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