Northwestern Mutual Wealth Management Co. Purchases 1,314 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Northwestern Mutual Wealth Management Co. increased its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 10.5% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 13,863 shares of the company’s stock after purchasing an additional 1,314 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in SPDR Gold MiniShares Trust were worth $639,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC purchased a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at about $251,429,000. Alaska Permanent Fund Corp raised its holdings in shares of SPDR Gold MiniShares Trust by 1,917.7% in the 1st quarter. Alaska Permanent Fund Corp now owns 2,623,000 shares of the company’s stock valued at $115,543,000 after acquiring an additional 2,493,000 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at about $31,681,000. Van ECK Associates Corp raised its holdings 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 valued at $29,073,000 after acquiring an additional 654,000 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised 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 acquiring an additional 636,287 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Down 0.3 %

NYSEARCA:GLDM opened at $52.37 on Tuesday. The business’s 50-day moving average price is $50.13 and its two-hundred day moving average price is $47.71. SPDR Gold MiniShares Trust has a twelve month low of $36.59 and a twelve month high of $53.05.

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.