LPL Financial LLC Boosts Stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

LPL Financial LLC grew its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,536,001 shares of the company’s stock after purchasing an additional 20,288 shares during the quarter. LPL Financial LLC’s holdings in SPDR Gold MiniShares Trust were worth $70,794,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in GLDM. Cassaday & Co Wealth Management LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the 2nd quarter valued at $251,429,000. Alaska Permanent Fund Corp lifted its holdings in shares of SPDR Gold MiniShares Trust by 1,917.7% during the 1st quarter. Alaska Permanent Fund Corp now owns 2,623,000 shares of the company’s stock valued at $115,543,000 after purchasing an additional 2,493,000 shares during the last quarter. Evoke Wealth LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 17.0% during the 4th quarter. Evoke Wealth LLC now owns 6,355,875 shares of the company’s stock valued at $260,019,000 after purchasing an additional 922,508 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of SPDR Gold MiniShares Trust by 10,912.7% during the 1st quarter. Van ECK Associates Corp now owns 659,993 shares of the company’s stock valued at $29,073,000 after purchasing an additional 654,000 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its holdings in shares of SPDR Gold MiniShares Trust by 84.9% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,385,815 shares of the company’s stock valued at $61,046,000 after purchasing an additional 636,287 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Up 1.0 %

Shares of GLDM opened at $51.18 on Friday. SPDR Gold MiniShares Trust has a 12 month low of $35.99 and a 12 month high of $51.25. The stock has a fifty day moving average price of $48.69 and a 200-day moving average price of $46.54.

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.