Mid American Wealth Advisory Group Inc. Acquires Shares of 476 SPDR Gold MiniShares Trust $GLDM

Mid American Wealth Advisory Group Inc. acquired a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 476 shares of the company’s stock, valued at approximately $31,000.

A number of other hedge funds also recently modified their holdings of GLDM. Jane Street Group LLC acquired a new position in SPDR Gold MiniShares Trust in the 1st quarter valued at about $395,321,000. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of SPDR Gold MiniShares Trust by 12.3% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 14,596,294 shares of the company’s stock worth $903,365,000 after acquiring an additional 1,596,294 shares during the period. Mizuho Bank Ltd. bought a new stake in shares of SPDR Gold MiniShares Trust during the first quarter worth approximately $68,079,000. Charles Schwab Investment Management Inc. acquired a new position in shares of SPDR Gold MiniShares Trust in the first quarter valued at approximately $65,351,000. Finally, Principal Financial Group Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 55.3% during the first quarter. Principal Financial Group Inc. now owns 2,729,216 shares of the company’s stock worth $168,911,000 after purchasing an additional 972,011 shares during the period.

SPDR Gold MiniShares Trust Price Performance

NYSEARCA:GLDM opened at $86.69 on Tuesday. The stock has a 50 day simple moving average of $73.17 and a 200 day simple moving average of $68.23. SPDR Gold MiniShares Trust has a 1-year low of $50.67 and a 1-year high of $86.75.

About SPDR Gold MiniShares Trust

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.