Copperwynd Financial LLC Boosts Stock Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Copperwynd Financial LLC boosted its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,770 shares of the company’s stock after purchasing an additional 506 shares during the quarter. SPDR Gold MiniShares Trust comprises approximately 0.8% of Copperwynd Financial LLC’s holdings, making the stock its 23rd largest holding. Copperwynd Financial LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,466,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. The Manufacturers Life Insurance Company bought a new position in shares of SPDR Gold MiniShares Trust during the 2nd quarter valued at approximately $31,681,000. AlTi Global Inc. purchased a new stake in SPDR Gold MiniShares Trust during the second quarter valued at $208,000. Insigneo Advisory Services LLC bought a new position in SPDR Gold MiniShares Trust during the second quarter valued at $213,000. Team Financial Group LLC grew its stake in shares of SPDR Gold MiniShares Trust by 2.4% in the 2nd quarter. Team Financial Group LLC now owns 69,521 shares of the company’s stock worth $3,204,000 after buying an additional 1,657 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in shares of SPDR Gold MiniShares Trust by 17.0% in the 2nd quarter. Sei Investments Co. now owns 667,753 shares of the company’s stock worth $30,777,000 after buying an additional 97,181 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA GLDM opened at $52.56 on Friday. SPDR Gold MiniShares Trust has a 12-month low of $35.99 and a 12-month high of $53.05. The firm’s 50-day moving average price is $49.51 and its 200-day moving average price is $47.27.

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.