Tokio Marine Asset Management Co. Ltd. Reduces Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Tokio Marine Asset Management Co. Ltd. decreased its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 44.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 12,800 shares of the company’s stock after selling 10,300 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in SPDR Gold MiniShares Trust were worth $665,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in GLDM. Brookstone Capital Management boosted its position in shares of SPDR Gold MiniShares Trust by 25.5% during the 4th quarter. Brookstone Capital Management now owns 99,042 shares of the company’s stock worth $5,149,000 after purchasing an additional 20,124 shares during the period. FMR LLC boosted its position in shares of SPDR Gold MiniShares Trust by 50.2% during the 3rd quarter. FMR LLC now owns 7,425 shares of the company’s stock worth $387,000 after purchasing an additional 2,480 shares during the period. Exchange Traded Concepts LLC boosted its position in shares of SPDR Gold MiniShares Trust by 7.2% during the 3rd quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock worth $163,000 after purchasing an additional 210 shares during the period. Mutual Advisors LLC boosted its position in shares of SPDR Gold MiniShares Trust by 27.5% during the 4th quarter. Mutual Advisors LLC now owns 13,510 shares of the company’s stock worth $727,000 after purchasing an additional 2,914 shares during the period. Finally, Seven Post Investment Office LP boosted its position in shares of SPDR Gold MiniShares Trust by 1,539.1% during the 4th quarter. Seven Post Investment Office LP now owns 69,418 shares of the company’s stock worth $3,609,000 after purchasing an additional 65,183 shares during the period.

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM stock opened at $56.36 on Wednesday. SPDR Gold MiniShares Trust has a 52 week low of $39.35 and a 52 week high of $56.37. The firm has a 50 day moving average of $53.06 and a two-hundred day moving average of $51.78.

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.