RMR Wealth Builders Buys Shares of 6,616 SPDR Gold MiniShares Trust $GLDM

RMR Wealth Builders purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 6,616 shares of the company’s stock, valued at approximately $506,000.

Other hedge funds have also modified their holdings of the company. Empower Advisory Group LLC purchased a new stake in SPDR Gold MiniShares Trust in the 2nd quarter valued at about $336,022,000. Sumitomo Mitsui Trust Group Inc. increased its position in shares of SPDR Gold MiniShares Trust by 26.6% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,477,937 shares of the company’s stock valued at $1,412,638,000 after acquiring an additional 3,881,643 shares during the last quarter. 3EDGE Asset Management LP increased its holdings in SPDR Gold MiniShares Trust by 43.0% in the 2nd quarter. 3EDGE Asset Management LP now owns 2,211,620 shares of the company’s stock valued at $144,905,000 after purchasing an additional 664,523 shares during the last quarter. CWM LLC raised its position in SPDR Gold MiniShares Trust by 508.4% in the third quarter. CWM LLC now owns 781,531 shares of the company’s stock valued at $59,748,000 after purchasing an additional 653,080 shares during the period. Finally, Corient Private Wealth LLC lifted its stake in SPDR Gold MiniShares Trust by 3,304.3% during the second quarter. Corient Private Wealth LLC now owns 637,414 shares of the company’s stock worth $41,763,000 after purchasing an additional 618,690 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Down 2.6%

Shares of NYSEARCA GLDM opened at $95.21 on Friday. SPDR Gold MiniShares Trust has a twelve month low of $56.10 and a twelve month high of $109.74. The stock has a fifty day simple moving average of $89.79 and a 200-day simple moving average of $79.63.

SPDR Gold MiniShares Trust News Roundup

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

SPDR Gold MiniShares Trust Company 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

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:GLDMFree Report).

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

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