Compass Ion Advisors LLC Purchases 4,016 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Compass Ion Advisors LLC increased its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 13.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 33,093 shares of the company’s stock after purchasing an additional 4,016 shares during the quarter. Compass Ion Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,721,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of GLDM. Citigroup Inc. raised its holdings in shares of SPDR Gold MiniShares Trust by 5,727,072.7% in the 3rd quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock valued at $98,524,000 after purchasing an additional 1,889,934 shares during the period. Principal Financial Group Inc. bought a new stake in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at about $91,357,000. Quadrature Capital Ltd bought a new stake in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at about $84,714,000. Benjamin Edwards Inc. raised its holdings in shares of SPDR Gold MiniShares Trust by 1,805.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 1,432,715 shares of the company’s stock valued at $74,686,000 after purchasing an additional 1,357,506 shares during the period. Finally, State Street Corp raised its holdings in SPDR Gold MiniShares Trust by 43.2% in the 3rd quarter. State Street Corp now owns 3,226,956 shares of the company’s stock valued at $168,221,000 after acquiring an additional 973,410 shares during the period.

SPDR Gold MiniShares Trust Price Performance

SPDR Gold MiniShares Trust stock opened at $60.17 on Wednesday. SPDR Gold MiniShares Trust has a twelve month low of $42.61 and a twelve month high of $60.19. The company’s 50-day moving average price is $56.37 and its two-hundred day moving average price is $53.72.

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.