Pecaut & CO. increased its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 8.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,364 shares of the company’s stock after purchasing an additional 887 shares during the quarter. Pecaut & CO.’s holdings in SPDR Gold MiniShares Trust were worth $591,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in GLDM. Citigroup Inc. boosted its stake in shares of SPDR Gold MiniShares Trust by 5,727,072.7% in the third 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. purchased a new position in shares of SPDR Gold MiniShares Trust in the fourth quarter valued at $91,357,000. Quadrature Capital Ltd purchased a new position in shares of SPDR Gold MiniShares Trust in the third quarter valued at $84,714,000. Benjamin Edwards Inc. boosted its stake in shares of 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 purchasing an additional 1,357,506 shares during the period. Finally, State Street Corp boosted its stake in shares of SPDR Gold MiniShares Trust by 43.2% in the third quarter. State Street Corp now owns 3,226,956 shares of the company’s stock valued at $168,221,000 after purchasing an additional 973,410 shares during the period.
SPDR Gold MiniShares Trust Stock Down 0.1 %
GLDM opened at $60.31 on Friday. The firm’s fifty day moving average price is $56.67 and its 200 day moving average price is $53.82. SPDR Gold MiniShares Trust has a 12-month low of $42.77 and a 12-month high of $60.45.
About SPDR Gold MiniShares Trust
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.
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