SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 18.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 786,355 shares of the company’s stock after purchasing an additional 120,850 shares during the period. Envestnet Asset Management Inc. owned about 0.51% of SPDR Gold MiniShares Trust worth $36,243,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Cassaday & Co Wealth Management LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $251,429,000. Alaska Permanent Fund Corp increased its stake in SPDR Gold MiniShares Trust by 1,917.7% during the first quarter. Alaska Permanent Fund Corp now owns 2,623,000 shares of the company’s stock valued at $115,543,000 after purchasing an additional 2,493,000 shares during the last quarter. Evoke Wealth LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 17.0% during the fourth quarter. Evoke Wealth LLC now owns 6,355,875 shares of the company’s stock worth $260,019,000 after purchasing an additional 922,508 shares during the period. Van ECK Associates Corp lifted its position in shares of SPDR Gold MiniShares Trust by 10,912.7% in the 1st quarter. Van ECK Associates Corp now owns 659,993 shares of the company’s stock worth $29,073,000 after buying an additional 654,000 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its holdings in shares of SPDR Gold MiniShares Trust by 84.9% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,385,815 shares of the company’s stock valued at $61,046,000 after buying an additional 636,287 shares during the period.

SPDR Gold MiniShares Trust Trading Up 1.3 %

GLDM opened at $51.94 on Friday. The company’s 50-day moving average price is $49.00 and its 200 day moving average price is $46.83. SPDR Gold MiniShares Trust has a fifty-two week low of $35.99 and a fifty-two week high of $52.03.

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.