SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Sets New 1-Year High at $45.31

SPDR Gold MiniShares Trust (NYSEARCA:GLDMGet Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $45.31 and last traded at $45.28, with a volume of 5745188 shares. The stock had previously closed at $45.16.

SPDR Gold MiniShares Trust Stock Up 0.8 %

The business has a fifty day simple moving average of $41.52 and a 200-day simple moving average of $40.07.

Hedge Funds Weigh In On SPDR Gold MiniShares Trust

A number of institutional investors have recently added to or reduced their stakes in GLDM. Managed Asset Portfolios LLC boosted its position in shares of SPDR Gold MiniShares Trust by 15.4% during the third quarter. Managed Asset Portfolios LLC now owns 84,852 shares of the company’s stock valued at $3,111,000 after buying an additional 11,352 shares during the last quarter. Independent Advisor Alliance boosted its position in SPDR Gold MiniShares Trust by 5.3% in the third quarter. Independent Advisor Alliance now owns 8,683 shares of the company’s stock worth $318,000 after purchasing an additional 439 shares during the last quarter. Great Valley Advisor Group Inc. boosted its position in SPDR Gold MiniShares Trust by 38.4% in the third quarter. Great Valley Advisor Group Inc. now owns 102,837 shares of the company’s stock worth $3,770,000 after purchasing an additional 28,509 shares during the last quarter. Robinson Value Management Ltd. boosted its position in SPDR Gold MiniShares Trust by 1.7% in the third quarter. Robinson Value Management Ltd. now owns 22,122 shares of the company’s stock worth $811,000 after purchasing an additional 372 shares during the last quarter. Finally, Patten Group Inc. purchased a new position in SPDR Gold MiniShares Trust in the fourth quarter worth about $228,000.

SPDR Gold MiniShares Trust Company Profile

(Get Free Report)

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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