Fmr LLC Purchases 2,480 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Fmr LLC lifted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 50.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,425 shares of the company’s stock after buying an additional 2,480 shares during the period. Fmr LLC’s holdings in SPDR Gold MiniShares Trust were worth $387,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Exchange Traded Concepts LLC boosted its position in SPDR Gold MiniShares Trust by 7.2% during the 3rd quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock worth $163,000 after acquiring an additional 210 shares during the last quarter. SNS Financial Group LLC boosted its holdings in SPDR Gold MiniShares Trust by 0.9% during the second quarter. SNS Financial Group LLC now owns 518,539 shares of the company’s stock worth $23,899,000 after purchasing an additional 4,732 shares during the last quarter. Apella Capital LLC grew its position in SPDR Gold MiniShares Trust by 21.1% in the third quarter. Apella Capital LLC now owns 17,313 shares of the company’s stock valued at $912,000 after purchasing an additional 3,021 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in SPDR Gold MiniShares Trust in the 2nd quarter valued at $296,000. Finally, Valmark Advisers Inc. lifted its position in SPDR Gold MiniShares Trust by 15.7% during the 2nd quarter. Valmark Advisers Inc. now owns 15,001 shares of the company’s stock worth $691,000 after buying an additional 2,033 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

SPDR Gold MiniShares Trust stock opened at $51.44 on Friday. The firm has a 50-day moving average of $52.91 and a 200-day moving average of $50.16. SPDR Gold MiniShares Trust has a one year low of $39.35 and a one year high of $55.29.

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.