Sumitomo Mitsui DS Asset Management Company Ltd Has $60.75 Million Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 10.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,165,360 shares of the company’s stock after purchasing an additional 114,200 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in SPDR Gold MiniShares Trust were worth $60,750,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in GLDM. Exchange Traded Concepts LLC grew its holdings in SPDR Gold MiniShares Trust by 7.2% during the 3rd quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock worth $163,000 after acquiring an additional 210 shares during the last quarter. Patten Group Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 2.7% in the third quarter. Patten Group Inc. now owns 8,195 shares of the company’s stock valued at $427,000 after buying an additional 212 shares during the period. Laidlaw Wealth Management LLC raised its position in shares of SPDR Gold MiniShares Trust by 3.5% during the second quarter. Laidlaw Wealth Management LLC now owns 10,012 shares of the company’s stock worth $461,000 after acquiring an additional 338 shares during the last quarter. International Private Wealth Advisors LLC boosted its holdings in SPDR Gold MiniShares Trust by 4.4% in the second quarter. International Private Wealth Advisors LLC now owns 8,748 shares of the company’s stock valued at $403,000 after acquiring an additional 372 shares during the last quarter. Finally, Kraematon Investment Advisors Inc. boosted its holdings in SPDR Gold MiniShares Trust by 0.7% in the second quarter. Kraematon Investment Advisors Inc. now owns 61,036 shares of the company’s stock valued at $2,813,000 after acquiring an additional 440 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Performance

SPDR Gold MiniShares Trust stock opened at $53.34 on Friday. SPDR Gold MiniShares Trust has a 52-week low of $38.32 and a 52-week high of $53.43. The firm has a 50 day moving average price of $50.86 and a two-hundred day moving average price of $48.15.

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.