MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $50.99 Million Stock Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. cut its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 3.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 980,776 shares of the company’s stock after selling 34,717 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in SPDR Gold MiniShares Trust were worth $50,991,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Evoke Wealth LLC increased its stake in shares of SPDR Gold MiniShares Trust by 0.7% in the 4th quarter. Evoke Wealth LLC now owns 6,604,327 shares of the company’s stock valued at $343,359,000 after purchasing an additional 47,341 shares during the last quarter. Cassaday & Co Wealth Management LLC increased its stake in shares of SPDR Gold MiniShares Trust by 1.9% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,744,426 shares of the company’s stock valued at $298,653,000 after purchasing an additional 106,433 shares during the last quarter. Bank of America Corp DE increased its stake in shares of SPDR Gold MiniShares Trust by 109.5% in the 4th quarter. Bank of America Corp DE now owns 4,683,654 shares of the company’s stock valued at $243,503,000 after purchasing an additional 2,447,630 shares during the last quarter. LPL Financial LLC increased its stake in shares of SPDR Gold MiniShares Trust by 23.8% in the 4th quarter. LPL Financial LLC now owns 2,196,980 shares of the company’s stock valued at $114,221,000 after purchasing an additional 422,213 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 12.2% in the 4th quarter. Ameriprise Financial Inc. now owns 2,092,817 shares of the company’s stock valued at $108,828,000 after purchasing an additional 228,317 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Up 0.4%

Shares of GLDM opened at $64.34 on Wednesday. SPDR Gold MiniShares Trust has a 52-week low of $45.35 and a 52-week high of $68.23. The business’s fifty day moving average is $62.52 and its 200-day moving average is $57.01.

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.