Wynn Capital LLC Invests $209,000 in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Wynn Capital LLC bought a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 5,100 shares of the company’s stock, valued at approximately $209,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. Sei Investments Co. grew its holdings in SPDR Gold MiniShares Trust by 657.4% during the 3rd quarter. Sei Investments Co. now owns 1,707,015 shares of the company’s stock valued at $62,588,000 after purchasing an additional 1,481,629 shares during the last quarter. HighTower Advisors LLC acquired a new position in SPDR Gold MiniShares Trust during the third quarter worth $37,555,000. Sumitomo Mitsui Trust Holdings Inc. grew its holdings in shares of SPDR Gold MiniShares Trust by 6.9% during the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 15,400,000 shares of the company’s stock worth $564,564,000 after buying an additional 1,000,000 shares in the last quarter. Gradient Investments LLC boosted its stake in SPDR Gold MiniShares Trust by 178.8% during the fourth quarter. Gradient Investments LLC now owns 1,389,608 shares of the company’s stock worth $56,849,000 after buying an additional 891,187 shares during the period. Finally, Asset Management One Co. Ltd. lifted its position in shares of SPDR Gold MiniShares Trust by 15.1% during the third quarter. Asset Management One Co. Ltd. now owns 3,265,606 shares of the company’s stock worth $119,717,000 after purchasing an additional 429,049 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

SPDR Gold MiniShares Trust stock traded up $0.18 during mid-day trading on Thursday, hitting $46.17. The company had a trading volume of 3,930,236 shares, compared to its average volume of 3,738,438. The business has a fifty day moving average of $43.55 and a 200 day moving average of $41.08. SPDR Gold MiniShares Trust has a 1 year low of $35.99 and a 1 year high of $48.21.

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.