Fullerton Fund Management Co Ltd. Grows Stock Position in SPDR Gold MiniShares Trust $GLDM

Fullerton Fund Management Co Ltd. boosted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 112.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 704,331 shares of the company’s stock after buying an additional 372,823 shares during the quarter. SPDR Gold MiniShares Trust accounts for approximately 1.9% of Fullerton Fund Management Co Ltd.’s investment portfolio, making the stock its 22nd largest position. Fullerton Fund Management Co Ltd.’s holdings in SPDR Gold MiniShares Trust were worth $46,148,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Rosenberg Matthew Hamilton raised its position in SPDR Gold MiniShares Trust by 13.0% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 2,162 shares of the company’s stock worth $142,000 after purchasing an additional 249 shares during the period. Allworth Financial LP grew its stake in shares of SPDR Gold MiniShares Trust by 868.9% during the second quarter. Allworth Financial LP now owns 25,656 shares of the company’s stock valued at $1,681,000 after buying an additional 23,008 shares during the last quarter. Aspetuck Financial Management LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 3.8% in the second quarter. Aspetuck Financial Management LLC now owns 28,212 shares of the company’s stock worth $1,848,000 after buying an additional 1,023 shares during the period. Belpointe Asset Management LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 11.4% during the 1st quarter. Belpointe Asset Management LLC now owns 7,090 shares of the company’s stock worth $439,000 after acquiring an additional 726 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. bought a new stake in shares of SPDR Gold MiniShares Trust during the 1st quarter worth approximately $65,351,000.

SPDR Gold MiniShares Trust Stock Up 0.6%

Shares of SPDR Gold MiniShares Trust stock opened at $85.10 on Friday. The stock’s fifty day moving average is $81.44 and its two-hundred day moving average is $72.77. SPDR Gold MiniShares Trust has a 52 week low of $51.24 and a 52 week high of $86.75.

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.