SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 1,908,726 shares changed hands during mid-day trading, a decline of 19% from the previous session’s volume of 2,346,450 shares.The stock last traded at $53.84 and had previously closed at $53.43.
SPDR Gold MiniShares Trust Stock Up 0.7 %
The company has a 50 day moving average price of $52.34 and a 200-day moving average price of $51.03.
Institutional Investors Weigh In On SPDR Gold MiniShares Trust
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Brookstone Capital Management lifted its stake in SPDR Gold MiniShares Trust by 25.5% in the 4th quarter. Brookstone Capital Management now owns 99,042 shares of the company’s stock valued at $5,149,000 after purchasing an additional 20,124 shares during the last quarter. FMR LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 50.2% in the 3rd quarter. FMR LLC now owns 7,425 shares of the company’s stock valued at $387,000 after acquiring an additional 2,480 shares during the last quarter. Exchange Traded Concepts LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 7.2% in the 3rd quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock valued at $163,000 after acquiring an additional 210 shares during the last quarter. Apella Capital LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 21.1% during the 3rd quarter. Apella Capital LLC now owns 17,313 shares of the company’s stock valued at $912,000 after acquiring an additional 3,021 shares in the last quarter. Finally, Sei Investments Co. grew its position in SPDR Gold MiniShares Trust by 17.0% during the 2nd quarter. Sei Investments Co. now owns 667,753 shares of the company’s stock worth $30,777,000 after acquiring an additional 97,181 shares during the last quarter.
SPDR Gold MiniShares Trust Company 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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