US Bancorp DE raised its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 41.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 304,131 shares of the company’s stock after acquiring an additional 88,963 shares during the quarter. US Bancorp DE owned approximately 0.20% of SPDR Gold MiniShares Trust worth $15,812,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently added to or reduced their stakes in GLDM. First Community Trust NA acquired a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter worth about $43,000. First Horizon Advisors Inc. purchased a new position in SPDR Gold MiniShares Trust in the third quarter valued at approximately $65,000. Glass Jacobson Investment Advisors llc purchased a new position in SPDR Gold MiniShares Trust in the third quarter valued at approximately $74,000. Sanctuary Wealth Management L.L.C. purchased a new stake in shares of SPDR Gold MiniShares Trust during the third quarter valued at approximately $76,000. Finally, Stonebridge Financial Group LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the fourth quarter valued at approximately $89,000.
SPDR Gold MiniShares Trust Trading Up 1.3 %
GLDM opened at $57.27 on Tuesday. The firm’s 50 day moving average is $54.88 and its 200-day moving average is $53.00. SPDR Gold MiniShares Trust has a 52-week low of $41.52 and a 52-week high of $58.47.
SPDR Gold MiniShares Trust 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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