Mutual Advisors LLC Purchases 1,279 Shares of SPDR Gold MiniShares Trust $GLDM

Mutual Advisors LLC increased its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 8.4% in the second quarter, Holdings Channel.com reports. The fund owned 16,498 shares of the company’s stock after acquiring an additional 1,279 shares during the quarter. Mutual Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,090,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of SPDR Gold MiniShares Trust by 12.3% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 14,596,294 shares of the company’s stock valued at $903,365,000 after acquiring an additional 1,596,294 shares during the period. Jane Street Group LLC bought a new position in shares of SPDR Gold MiniShares Trust in the first quarter valued at approximately $395,321,000. Asset Management One Co. Ltd. boosted its position in shares of SPDR Gold MiniShares Trust by 7.0% in the first quarter. Asset Management One Co. Ltd. now owns 4,004,390 shares of the company’s stock valued at $247,832,000 after acquiring an additional 261,613 shares during the period. Principal Financial Group Inc. boosted its position in shares of SPDR Gold MiniShares Trust by 55.3% in the first quarter. Principal Financial Group Inc. now owns 2,729,216 shares of the company’s stock valued at $168,911,000 after acquiring an additional 972,011 shares during the period. Finally, LPL Financial LLC boosted its position in shares of SPDR Gold MiniShares Trust by 23.6% in the first quarter. LPL Financial LLC now owns 2,715,752 shares of the company’s stock valued at $168,078,000 after acquiring an additional 518,772 shares during the period.

SPDR Gold MiniShares Trust Stock Down 1.9%

Shares of GLDM opened at $83.70 on Friday. The firm’s 50 day simple moving average is $72.76 and its 200 day simple moving average is $67.96. SPDR Gold MiniShares Trust has a 1-year low of $50.67 and a 1-year high of $85.47.

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.