Stifel Financial Corp Buys 46,759 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Stifel Financial Corp grew its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 2.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 2,141,060 shares of the company’s stock after buying an additional 46,759 shares during the quarter. Stifel Financial Corp’s holdings in SPDR Gold MiniShares Trust were worth $111,613,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in GLDM. Quadrature Capital Ltd bought a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter valued at $84,714,000. IHT Wealth Management LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 25.3% during the third quarter. IHT Wealth Management LLC now owns 18,505 shares of the company’s stock valued at $965,000 after purchasing an additional 3,740 shares in the last quarter. Hollow Brook Wealth Management LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 0.6% during the 3rd quarter. Hollow Brook Wealth Management LLC now owns 1,162,135 shares of the company’s stock valued at $60,582,000 after acquiring an additional 7,459 shares during the last quarter. Benjamin Edwards Inc. lifted its holdings in SPDR Gold MiniShares Trust by 1,805.0% in the third quarter. Benjamin Edwards Inc. now owns 1,432,715 shares of the company’s stock valued at $74,686,000 after acquiring an additional 1,357,506 shares during the period. Finally, Encompass More Asset Management lifted its position in SPDR Gold MiniShares Trust by 75.8% during the third quarter. Encompass More Asset Management now owns 149,513 shares of the company’s stock valued at $7,794,000 after purchasing an additional 64,451 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Down 0.7 %

NYSEARCA:GLDM opened at $52.13 on Friday. The stock has a 50-day moving average price of $52.86 and a 200 day moving average price of $49.77. SPDR Gold MiniShares Trust has a 12-month low of $39.19 and a 12-month high of $55.29.

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.