SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Holdings Raised by Timber Creek Capital Management LLC

Timber Creek Capital Management LLC raised its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 0.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 223,331 shares of the company’s stock after acquiring an additional 1,937 shares during the period. SPDR Gold MiniShares Trust accounts for 3.4% of Timber Creek Capital Management LLC’s holdings, making the stock its 9th biggest holding. Timber Creek Capital Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $11,611,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Citigroup Inc. boosted its stake in shares of SPDR Gold MiniShares Trust by 5,727,072.7% during the 3rd 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 in the last quarter. Principal Financial Group Inc. acquired a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter worth about $91,357,000. Quadrature Capital Ltd acquired a new position in shares of SPDR Gold MiniShares Trust during the 3rd quarter worth about $84,714,000. Benjamin Edwards Inc. raised its position in shares of SPDR Gold MiniShares Trust by 1,805.0% during the 3rd quarter. Benjamin Edwards Inc. now owns 1,432,715 shares of the company’s stock worth $74,686,000 after purchasing an additional 1,357,506 shares during the last quarter. Finally, State Street Corp raised its position in shares of SPDR Gold MiniShares Trust by 43.2% during the 3rd quarter. State Street Corp now owns 3,226,956 shares of the company’s stock worth $168,221,000 after purchasing an additional 973,410 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Up 1.7 %

GLDM stock opened at $58.12 on Wednesday. SPDR Gold MiniShares Trust has a 12 month low of $40.06 and a 12 month high of $58.18. The firm has a 50-day moving average of $54.02 and a two-hundred day moving average of $52.45.

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.