SPDR Gold MiniShares Trust $GLDM Shares Bought by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. grew its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report) by 45.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,236,300 shares of the company’s stock after purchasing an additional 1,006,700 shares during the quarter. SPDR Gold MiniShares Trust comprises approximately 1.4% of Resona Asset Management Co. Ltd.’s portfolio, making the stock its 10th largest holding. Resona Asset Management Co. Ltd. owned approximately 0.97% of SPDR Gold MiniShares Trust worth $289,066,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in GLDM. Marino Stram & Associates LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the first quarter valued at approximately $275,000. Flatrock Wealth Partners LLC acquired a new position in SPDR Gold MiniShares Trust during the first quarter worth $291,000. Nicholas Hoffman & Company LLC. acquired a new position in SPDR Gold MiniShares Trust during the first quarter worth $243,000. Integrated Advisors Network LLC boosted its stake in SPDR Gold MiniShares Trust by 21.5% during the first quarter. Integrated Advisors Network LLC now owns 90,138 shares of the company’s stock worth $8,355,000 after buying an additional 15,976 shares during the last quarter. Finally, Family CFO Inc purchased a new stake in SPDR Gold MiniShares Trust in the 1st quarter valued at $434,000.

Key SPDR Gold MiniShares Trust News

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

SPDR Gold MiniShares Trust Stock Down 0.9%

Shares of GLDM opened at $80.70 on Thursday. SPDR Gold MiniShares Trust has a 52-week low of $64.71 and a 52-week high of $109.74. The stock has a fifty day simple moving average of $86.51 and a two-hundred day simple moving average of $91.93.

SPDR Gold MiniShares Trust Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Receive News & Ratings for SPDR Gold MiniShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold MiniShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.