SBI Securities Co. Ltd. Makes New Investment in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

SBI Securities Co. Ltd. bought a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 263,998 shares of the company’s stock, valued at approximately $13,725,000. SBI Securities Co. Ltd. owned 0.17% of SPDR Gold MiniShares Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Cassaday & Co Wealth Management LLC increased its stake in SPDR Gold MiniShares Trust by 1.9% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,744,426 shares of the company’s stock worth $298,653,000 after acquiring an additional 106,433 shares during the period. Asset Management One Co. Ltd. boosted its stake in SPDR Gold MiniShares Trust by 28.1% in the third 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 in the last quarter. State Street Corp grew its position in 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 acquiring an additional 973,410 shares during the last quarter. Stifel Financial Corp raised its stake in SPDR Gold MiniShares Trust by 2.2% during the third quarter. Stifel Financial Corp now owns 2,141,060 shares of the company’s stock worth $111,613,000 after acquiring an additional 46,759 shares in the last quarter. Finally, Citigroup Inc. lifted its holdings 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 worth $98,524,000 after acquiring an additional 1,889,934 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Down 0.7 %

Shares of SPDR Gold MiniShares Trust stock opened at $56.54 on Friday. The firm’s 50 day moving average is $54.88 and its 200 day moving average is $52.96. SPDR Gold MiniShares Trust has a 1 year low of $40.52 and a 1 year high of $58.47.

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.