Leo Wealth LLC Acquires 3,651 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Leo Wealth LLC lifted its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 11.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 34,720 shares of the company’s stock after purchasing an additional 3,651 shares during the period. Leo Wealth LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,805,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GLDM. Citigroup Inc. lifted its holdings in SPDR Gold MiniShares Trust by 5,727,072.7% during the third quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock worth $98,524,000 after buying an additional 1,889,934 shares during the period. Quadrature Capital Ltd purchased a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter worth $84,714,000. Benjamin Edwards Inc. boosted its position in SPDR Gold MiniShares Trust by 1,805.0% during the third quarter. Benjamin Edwards Inc. now owns 1,432,715 shares of the company’s stock valued at $74,686,000 after purchasing an additional 1,357,506 shares in the last quarter. State Street Corp grew its stake in SPDR Gold MiniShares Trust by 43.2% in the third quarter. State Street Corp now owns 3,226,956 shares of the company’s stock valued at $168,221,000 after purchasing an additional 973,410 shares during the last quarter. Finally, Asset Management One Co. Ltd. raised its holdings in SPDR Gold MiniShares Trust by 28.1% in the third quarter. Asset Management One Co. Ltd. now owns 4,017,429 shares of the company’s stock worth $209,429,000 after purchasing an additional 880,693 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA:GLDM opened at $56.57 on Friday. The company’s 50-day simple moving average is $53.23 and its 200-day simple moving average is $51.85. SPDR Gold MiniShares Trust has a fifty-two week low of $39.35 and a fifty-two week high of $57.12.

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.