SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Stake Increased by US Bancorp DE

US Bancorp DE boosted its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 41.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 304,131 shares of the company’s stock after purchasing an additional 88,963 shares during the quarter. US Bancorp DE’s holdings in SPDR Gold MiniShares Trust were worth $15,812,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in GLDM. WR Wealth Planners LLC lifted its holdings in SPDR Gold MiniShares Trust by 1.7% in the fourth quarter. WR Wealth Planners LLC now owns 133,029 shares of the company’s stock worth $6,916,000 after purchasing an additional 2,261 shares during the period. Nwam LLC raised its holdings in SPDR Gold MiniShares Trust by 32.0% during the 4th quarter. Nwam LLC now owns 13,932 shares of the company’s stock worth $724,000 after buying an additional 3,374 shares during the period. Magnolia Private Wealth LLC acquired a new stake in SPDR Gold MiniShares Trust during the 4th quarter worth about $932,000. Continuum Wealth Advisors LLC grew its stake in SPDR Gold MiniShares Trust by 5.6% during the 4th quarter. Continuum Wealth Advisors LLC now owns 136,234 shares of the company’s stock valued at $7,083,000 after acquiring an additional 7,241 shares in the last quarter. Finally, Genesis Wealth Advisors LLC purchased a new position in SPDR Gold MiniShares Trust during the 4th quarter valued at about $3,796,000.

SPDR Gold MiniShares Trust Stock Up 1.3 %

NYSEARCA:GLDM opened at $57.27 on Tuesday. SPDR Gold MiniShares Trust has a fifty-two week low of $41.52 and a fifty-two week high of $58.47. The stock’s 50-day moving average is $54.88 and its two-hundred day moving average is $53.00.

SPDR Gold MiniShares Trust Company 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.