SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Sold by Osaic Holdings Inc.

Osaic Holdings Inc. lessened its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 16.6% in the 1st quarter, Holdings Channel reports. The fund owned 407,608 shares of the company’s stock after selling 80,924 shares during the quarter. Osaic Holdings Inc.’s holdings in SPDR Gold MiniShares Trust were worth $17,955,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Citigroup Inc. grew its position in shares of SPDR Gold MiniShares Trust by 1,201.0% in the third quarter. Citigroup Inc. now owns 1,353 shares of the company’s stock valued at $50,000 after purchasing an additional 1,249 shares in the last quarter. SG Americas Securities LLC purchased a new stake in SPDR Gold MiniShares Trust in the 4th quarter valued at $363,000. Mutual Advisors LLC increased its stake in shares of SPDR Gold MiniShares Trust by 88.2% in the 4th quarter. Mutual Advisors LLC now owns 15,125 shares of the company’s stock worth $619,000 after acquiring an additional 7,087 shares during the last quarter. Valicenti Advisory Services Inc. raised its holdings in shares of SPDR Gold MiniShares Trust by 47.2% during the 4th quarter. Valicenti Advisory Services Inc. now owns 42,192 shares of the company’s stock worth $1,726,000 after acquiring an additional 13,520 shares during the period. Finally, Raymond James & Associates raised its holdings in shares of SPDR Gold MiniShares Trust by 58.0% during the 4th quarter. Raymond James & Associates now owns 310,517 shares of the company’s stock worth $12,703,000 after acquiring an additional 113,993 shares during the period.

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM remained flat at $47.55 during mid-day trading on Monday. 1,881,534 shares of the company were exchanged, compared to its average volume of 3,549,851. The company has a 50-day moving average of $46.73 and a two-hundred day moving average of $44.17. SPDR Gold MiniShares Trust has a 12-month low of $35.99 and a 12-month high of $49.22.

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.