SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Holdings Boosted by Sentinel Pension Advisors LLC

Sentinel Pension Advisors LLC boosted its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 440,374 shares of the company’s stock after acquiring an additional 7,588 shares during the quarter. SPDR Gold MiniShares Trust accounts for approximately 5.0% of Sentinel Pension Advisors LLC’s holdings, making the stock its 6th biggest holding. Sentinel Pension Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $27,255,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of GLDM. Bank of America Corp DE increased its holdings in SPDR Gold MiniShares Trust by 109.5% during the fourth quarter. Bank of America Corp DE now owns 4,683,654 shares of the company’s stock valued at $243,503,000 after buying an additional 2,447,630 shares during the period. Principal Financial Group Inc. purchased a new position in SPDR Gold MiniShares Trust during the fourth quarter valued at approximately $91,357,000. Raymond James Financial Inc. purchased a new position in SPDR Gold MiniShares Trust during the fourth quarter valued at approximately $43,698,000. Resona Asset Management Co. Ltd. purchased a new position in SPDR Gold MiniShares Trust during the fourth quarter valued at approximately $30,003,000. Finally, JPMorgan Chase & Co. increased its holdings in SPDR Gold MiniShares Trust by 311.7% during the fourth quarter. JPMorgan Chase & Co. now owns 728,424 shares of the company’s stock valued at $37,871,000 after buying an additional 551,488 shares during the period.

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM stock opened at $65.59 on Friday. The company’s 50 day moving average is $64.60 and its 200 day moving average is $58.56. SPDR Gold MiniShares Trust has a 52-week low of $45.47 and a 52-week high of $68.23.

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.