Pineridge Advisors LLC Has $260,000 Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Pineridge Advisors LLC cut its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 94.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,996 shares of the company’s stock after selling 85,786 shares during the period. Pineridge Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $260,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of GLDM. Citigroup Inc. lifted its position in shares of SPDR Gold MiniShares Trust by 5,727,072.7% during the 3rd quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock valued at $98,524,000 after acquiring an additional 1,889,934 shares during the period. Quadrature Capital Ltd acquired a new position in SPDR Gold MiniShares Trust in the third quarter valued at about $84,714,000. Benjamin Edwards Inc. lifted its position in SPDR Gold MiniShares Trust by 1,805.0% during the third quarter. Benjamin Edwards Inc. now owns 1,432,715 shares of the company’s stock worth $74,686,000 after purchasing an additional 1,357,506 shares during the period. State Street Corp grew its stake in SPDR Gold MiniShares Trust by 43.2% during the third quarter. State Street Corp now owns 3,226,956 shares of the company’s stock worth $168,221,000 after buying an additional 973,410 shares in the last quarter. Finally, Asset Management One Co. Ltd. increased its holdings in SPDR Gold MiniShares Trust by 28.1% in the 3rd quarter. Asset Management One Co. Ltd. now owns 4,017,429 shares of the company’s stock valued at $209,429,000 after buying an additional 880,693 shares during the period.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA:GLDM opened at $57.61 on Tuesday. The firm has a 50 day moving average of $53.42 and a 200-day moving average of $52.05. SPDR Gold MiniShares Trust has a 12 month low of $39.35 and a 12 month high of $57.69.

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.