SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Purchased by Rakuten Securities Inc.

Rakuten Securities Inc. increased its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 229.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,304 shares of the company’s stock after purchasing an additional 6,483 shares during the quarter. Rakuten Securities Inc.’s holdings in SPDR Gold MiniShares Trust were worth $484,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Cassaday & Co Wealth Management LLC grew its stake in SPDR Gold MiniShares Trust by 1.9% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,744,426 shares of the company’s stock worth $298,653,000 after purchasing an additional 106,433 shares in the last quarter. State Street Corp grew its stake in SPDR Gold MiniShares Trust by 43.2% during the 3rd quarter. State Street Corp now owns 3,226,956 shares of the company’s stock worth $168,221,000 after purchasing an additional 973,410 shares in the last quarter. Stifel Financial Corp grew its stake in SPDR Gold MiniShares Trust by 2.2% during the 3rd quarter. Stifel Financial Corp now owns 2,141,060 shares of the company’s stock worth $111,613,000 after purchasing an additional 46,759 shares in the last quarter. Citigroup Inc. grew its stake in SPDR Gold MiniShares Trust by 5,727,072.7% during the 3rd quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock worth $98,524,000 after purchasing an additional 1,889,934 shares in the last quarter. Finally, LPL Financial LLC boosted its position in shares of SPDR Gold MiniShares Trust by 15.5% during the 3rd quarter. LPL Financial LLC now owns 1,774,767 shares of the company’s stock worth $92,519,000 after acquiring an additional 238,766 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Up 1.1 %

NYSEARCA:GLDM opened at $57.82 on Wednesday. The stock has a 50-day simple moving average of $55.57 and a 200-day simple moving average of $53.34. SPDR Gold MiniShares Trust has a 1 year low of $42.60 and a 1 year 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.