Verde Servicos Internacionais S.A. Makes New Investment in SPDR Gold MiniShares Trust $GLDM

Verde Servicos Internacionais S.A. bought a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 366,337 shares of the company’s stock, valued at approximately $31,274,000. SPDR Gold MiniShares Trust accounts for 10.0% of Verde Servicos Internacionais S.A.’s investment portfolio, making the stock its 2nd biggest position. Verde Servicos Internacionais S.A. owned about 0.12% of SPDR Gold MiniShares Trust at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. IFP Advisors Inc boosted its position in SPDR Gold MiniShares Trust by 10.7% during the fourth quarter. IFP Advisors Inc now owns 37,817 shares of the company’s stock worth $3,228,000 after purchasing an additional 3,662 shares during the period. Cullen Frost Bankers Inc. boosted its position in SPDR Gold MiniShares Trust by 12.2% during the fourth quarter. Cullen Frost Bankers Inc. now owns 15,647 shares of the company’s stock worth $1,336,000 after purchasing an additional 1,707 shares during the period. Creative Financial Designs Inc. ADV boosted its position in SPDR Gold MiniShares Trust by 10.7% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 10,457 shares of the company’s stock worth $893,000 after purchasing an additional 1,012 shares during the period. Quantify Chaos Advisors LLC bought a new position in SPDR Gold MiniShares Trust during the fourth quarter worth about $1,122,000. Finally, Larson Financial Group LLC boosted its position in SPDR Gold MiniShares Trust by 435.0% during the fourth quarter. Larson Financial Group LLC now owns 26,623 shares of the company’s stock worth $2,273,000 after purchasing an additional 21,647 shares during the period.

Key SPDR Gold MiniShares Trust News

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

SPDR Gold MiniShares Trust Trading Up 1.4%

Shares of NYSEARCA:GLDM opened at $89.96 on Thursday. SPDR Gold MiniShares Trust has a twelve month low of $64.46 and a twelve month high of $109.74. The company has a 50-day moving average price of $93.14 and a two-hundred day moving average price of $91.39.

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.

Read More

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)

Receive News & Ratings for SPDR Gold MiniShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold MiniShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.