Nisa Investment Advisors LLC Makes New $15.54 Million Investment in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Nisa Investment Advisors LLC bought a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 337,200 shares of the company’s stock, valued at approximately $15,542,000. Nisa Investment Advisors LLC owned approximately 0.22% of SPDR Gold MiniShares Trust at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Northwest Capital Management Inc acquired a new stake in SPDR Gold MiniShares Trust in the first quarter worth about $37,000. Headlands Technologies LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the fourth quarter worth approximately $39,000. Palisade Asset Management LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the first quarter worth approximately $50,000. Fortitude Family Office LLC lifted its holdings in SPDR Gold MiniShares Trust by 64.4% in the first quarter. Fortitude Family Office LLC now owns 1,605 shares of the company’s stock valued at $71,000 after buying an additional 629 shares during the period. Finally, Bfsg LLC bought a new position in SPDR Gold MiniShares Trust in the fourth quarter valued at approximately $77,000.

SPDR Gold MiniShares Trust Trading Down 0.1 %

Shares of SPDR Gold MiniShares Trust stock opened at $49.66 on Tuesday. The firm has a fifty day moving average of $47.24 and a two-hundred day moving average of $45.27. SPDR Gold MiniShares Trust has a 52 week low of $35.99 and a 52 week high of $49.72.

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.