Welch Group LLC lifted its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 17.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 66,568 shares of the company’s stock after acquiring an additional 9,701 shares during the quarter. Welch Group LLC’s holdings in SPDR Gold MiniShares Trust were worth $5,471,000 at the end of the most recent reporting period.
Several other hedge funds have also made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of SPDR Gold MiniShares Trust by 6.9% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 21,444,153 shares of the company’s stock valued at $1,762,280,000 after purchasing an additional 1,386,845 shares during the period. Resona Asset Management Co. Ltd. boosted its holdings in SPDR Gold MiniShares Trust by 45.2% during the first quarter. Resona Asset Management Co. Ltd. now owns 3,236,300 shares of the company’s stock valued at $289,066,000 after acquiring an additional 1,006,700 shares during the period. WealthNavi Inc. grew its holdings in SPDR Gold MiniShares Trust by 98.4% in the 3rd quarter. WealthNavi Inc. now owns 3,202,560 shares of the company’s stock valued at $263,186,000 after buying an additional 1,588,202 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of SPDR Gold MiniShares Trust in the second quarter worth $157,696,000. Finally, Regents of The University of California bought a new position in SPDR Gold MiniShares Trust during the first quarter worth $133,351,000.
SPDR Gold MiniShares Trust Stock Performance
NYSEARCA:GLDM opened at $76.83 on Monday. The company has a fifty day moving average price of $84.27 and a 200 day moving average price of $89.02. SPDR Gold MiniShares Trust has a one year low of $76.54 and a one year high of $109.74.
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.
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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:GLDM – Free Report).
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