Kraematon Investment Advisors Inc. increased its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 0.9% during the second quarter, Holdings Channel reports. The firm owned 59,204 shares of the company’s stock after buying an additional 557 shares during the quarter. SPDR Gold MiniShares Trust makes up approximately 3.7% of Kraematon Investment Advisors Inc.’s portfolio, making the stock its 4th largest holding. Kraematon Investment Advisors Inc.’s holdings in SPDR Gold MiniShares Trust were worth $3,879,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of GLDM. Johnson Investment Counsel Inc. acquired a new position in SPDR Gold MiniShares Trust during the first quarter worth approximately $240,000. GAMMA Investing LLC bought a new position in shares of SPDR Gold MiniShares Trust during the 1st quarter worth approximately $29,000. Kestra Private Wealth Services LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 4.8% during the 1st quarter. Kestra Private Wealth Services LLC now owns 43,827 shares of the company’s stock worth $2,712,000 after acquiring an additional 2,018 shares during the last quarter. Sowell Financial Services LLC bought a new stake in SPDR Gold MiniShares Trust in the 1st quarter valued at $306,000. Finally, Wedbush Securities Inc. bought a new stake in SPDR Gold MiniShares Trust in the 1st quarter valued at $209,000.
SPDR Gold MiniShares Trust Stock Up 0.8%
GLDM stock opened at $76.92 on Friday. SPDR Gold MiniShares Trust has a one year low of $50.67 and a one year high of $77.13. The company has a fifty day moving average price of $69.80 and a two-hundred day moving average price of $66.58.
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.
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Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
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