Resona Asset Management Co. Ltd. Acquires Shares of 579,100 SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Resona Asset Management Co. Ltd. acquired a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 579,100 shares of the company’s stock, valued at approximately $30,003,000. Resona Asset Management Co. Ltd. owned about 0.37% of SPDR Gold MiniShares Trust at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. First Community Trust NA purchased a new stake in shares of SPDR Gold MiniShares Trust during the fourth quarter valued at approximately $43,000. Glass Jacobson Investment Advisors llc purchased a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter valued at $74,000. Stonebridge Financial Group LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at $89,000. Rosenberg Matthew Hamilton bought a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter worth $106,000. Finally, WealthTrak Capital Management LLC purchased a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter worth about $118,000.

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA GLDM opened at $60.15 on Friday. SPDR Gold MiniShares Trust has a 52-week low of $45.13 and a 52-week high of $62.11. The company has a 50-day simple moving average of $58.18 and a 200 day simple moving average of $54.66.

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.