Norden Group LLC bought a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,777 shares of the company’s stock, valued at approximately $431,000.
A number of other hedge funds have also modified their holdings of GLDM. Citigroup Inc. grew its position in shares of SPDR Gold MiniShares Trust by 1,201.0% during the third quarter. Citigroup Inc. now owns 1,353 shares of the company’s stock worth $50,000 after acquiring an additional 1,249 shares during the last quarter. Anchor Investment Management LLC purchased a new position in shares of SPDR Gold MiniShares Trust during the fourth quarter worth approximately $244,000. Inspirion Wealth Advisors LLC grew its position in shares of SPDR Gold MiniShares Trust by 2.0% during the fourth quarter. Inspirion Wealth Advisors LLC now owns 95,016 shares of the company’s stock worth $3,878,000 after acquiring an additional 1,877 shares during the last quarter. Peak Financial Advisors LLC grew its position in shares of SPDR Gold MiniShares Trust by 0.6% during the fourth quarter. Peak Financial Advisors LLC now owns 221,467 shares of the company’s stock worth $9,060,000 after acquiring an additional 1,243 shares during the last quarter. Finally, Patten Group Inc. purchased a new position in shares of SPDR Gold MiniShares Trust during the fourth quarter worth approximately $228,000.
SPDR Gold MiniShares Trust Stock Performance
Shares of GLDM opened at $47.84 on Friday. The company’s 50 day simple moving average is $46.48 and its 200-day simple moving average is $43.82. SPDR Gold MiniShares Trust has a 12-month low of $35.99 and a 12-month high of $48.33.
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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