OVERSEA CHINESE BANKING Corp Ltd Buys 2,213 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

OVERSEA CHINESE BANKING Corp Ltd increased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 0.5% in the fourth quarter, HoldingsChannel reports. The fund owned 454,659 shares of the company’s stock after purchasing an additional 2,213 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in SPDR Gold MiniShares Trust were worth $23,638,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Evoke Wealth LLC lifted its position in SPDR Gold MiniShares Trust by 0.7% in the fourth quarter. Evoke Wealth LLC now owns 6,604,327 shares of the company’s stock valued at $343,359,000 after purchasing an additional 47,341 shares during the last quarter. Cassaday & Co Wealth Management LLC increased its stake in shares of SPDR Gold MiniShares Trust by 1.9% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 5,744,426 shares of the company’s stock worth $298,653,000 after buying an additional 106,433 shares during the period. State Street Corp increased its stake in shares of SPDR Gold MiniShares Trust by 43.2% in the third quarter. State Street Corp now owns 3,226,956 shares of the company’s stock worth $168,221,000 after buying an additional 973,410 shares during the period. Stifel Financial Corp raised its holdings 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 valued at $111,613,000 after buying an additional 46,759 shares during the last quarter. Finally, Citigroup Inc. boosted its position 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 valued at $98,524,000 after buying an additional 1,889,934 shares during the period.

SPDR Gold MiniShares Trust Stock Performance

GLDM stock opened at $60.17 on Wednesday. The firm’s 50-day moving average price is $56.37 and its two-hundred day moving average price is $53.72. SPDR Gold MiniShares Trust has a 12-month low of $42.61 and a 12-month high of $60.19.

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.