NewEdge Advisors LLC increased its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 4,536.6% in the 2nd quarter, Holdings Channel reports. The fund owned 47,201 shares of the company’s stock after buying an additional 46,183 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,175,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Corient Private Wealth LLC raised its stake in SPDR Gold MiniShares Trust by 63.4% during the fourth quarter. Corient Private Wealth LLC now owns 13,026 shares of the company’s stock valued at $533,000 after buying an additional 5,056 shares during the last quarter. Belpointe Asset Management LLC grew its position in SPDR Gold MiniShares Trust by 10.7% during the 4th quarter. Belpointe Asset Management LLC now owns 6,436 shares of the company’s stock valued at $263,000 after purchasing an additional 624 shares during the last quarter. Vermillion & White Wealth Management Group LLC bought a new stake in SPDR Gold MiniShares Trust during the 4th quarter valued at about $1,453,000. Evercore Wealth Management LLC raised its holdings in SPDR Gold MiniShares Trust by 4.0% in the fourth quarter. Evercore Wealth Management LLC now owns 72,641 shares of the company’s stock worth $2,972,000 after buying an additional 2,774 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC bought a new position in shares of SPDR Gold MiniShares Trust in the fourth quarter worth approximately $482,000.
SPDR Gold MiniShares Trust Trading Down 0.2 %
Shares of GLDM opened at $52.54 on Friday. The business’s fifty day simple moving average is $49.92 and its two-hundred day simple moving average is $47.51. SPDR Gold MiniShares Trust has a 12 month low of $35.99 and a 12 month high of $53.05.
About SPDR Gold MiniShares Trust
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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Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
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