Bristlecone Advisors LLC lifted its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 44.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 5,400 shares of the company’s stock after acquiring an additional 1,660 shares during the period. Bristlecone Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $354,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. GAMMA Investing LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the first quarter worth approximately $29,000. Kestra Private Wealth Services LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 4.8% during the first quarter. Kestra Private Wealth Services LLC now owns 43,827 shares of the company’s stock worth $2,712,000 after buying an additional 2,018 shares in the last quarter. Wedbush Securities Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust during the first quarter worth approximately $209,000. Brown Advisory Inc. increased its holdings in shares of SPDR Gold MiniShares Trust by 5.8% during the first quarter. Brown Advisory Inc. now owns 16,575 shares of the company’s stock worth $1,026,000 after buying an additional 916 shares in the last quarter. Finally, Rosenberg Matthew Hamilton increased its holdings in shares of SPDR Gold MiniShares Trust by 13.0% during the second quarter. Rosenberg Matthew Hamilton now owns 2,162 shares of the company’s stock worth $142,000 after buying an additional 249 shares in the last quarter.
SPDR Gold MiniShares Trust Stock Down 0.4%
NYSEARCA GLDM opened at $78.09 on Thursday. The company has a 50 day moving average of $75.12 and a 200-day moving average of $69.17. SPDR Gold MiniShares Trust has a 1-year low of $50.67 and a 1-year high of $86.75.
SPDR Gold MiniShares Trust 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.
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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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