SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Purchased by LPL Financial LLC

LPL Financial LLC boosted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 23.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,196,980 shares of the company’s stock after purchasing an additional 422,213 shares during the quarter. LPL Financial LLC’s holdings in SPDR Gold MiniShares Trust were worth $114,221,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. First Community Trust NA purchased a new position in SPDR Gold MiniShares Trust in the 4th quarter valued at approximately $43,000. Glass Jacobson Investment Advisors llc purchased a new position in shares of SPDR Gold MiniShares Trust in the third quarter valued at $74,000. Stonebridge Financial Group LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter worth $89,000. Rosenberg Matthew Hamilton purchased a new stake in shares of SPDR Gold MiniShares Trust in the 4th quarter worth about $106,000. Finally, PNC Financial Services Group Inc. grew its stake in SPDR Gold MiniShares Trust by 468.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,428 shares of the company’s stock valued at $126,000 after acquiring an additional 2,001 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM opened at $59.83 on Wednesday. SPDR Gold MiniShares Trust has a 12-month low of $43.07 and a 12-month high of $60.45. The company has a 50-day moving average of $57.07 and a two-hundred day moving average of $54.09.

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.