Colonial Trust Co SC decreased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 32.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,152 shares of the company’s stock after selling 543 shares during the quarter. Colonial Trust Co SC’s holdings in SPDR Gold MiniShares Trust were worth $60,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. CoreCap Advisors LLC grew its stake in SPDR Gold MiniShares Trust by 2.7% in the fourth quarter. CoreCap Advisors LLC now owns 185,631 shares of the company’s stock valued at $9,651,000 after purchasing an additional 4,965 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of SPDR Gold MiniShares Trust by 6.6% during the 4th quarter. Baird Financial Group Inc. now owns 473,843 shares of the company’s stock valued at $24,635,000 after buying an additional 29,446 shares during the last quarter. Bank of America Corp DE grew its stake in shares of SPDR Gold MiniShares Trust by 109.5% in the 4th quarter. Bank of America Corp DE now owns 4,683,654 shares of the company’s stock valued at $243,503,000 after buying an additional 2,447,630 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in SPDR Gold MiniShares Trust by 12.2% in the fourth quarter. Ameriprise Financial Inc. now owns 2,092,817 shares of the company’s stock worth $108,828,000 after buying an additional 228,317 shares during the last quarter. Finally, Ancora Advisors LLC bought a new position in SPDR Gold MiniShares Trust during the fourth quarter valued at approximately $79,000.
SPDR Gold MiniShares Trust Price Performance
GLDM stock opened at $65.93 on Friday. The firm has a 50 day moving average of $62.26 and a two-hundred day moving average of $56.85. SPDR Gold MiniShares Trust has a 12 month low of $45.35 and a 12 month high of $68.23.
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.
Further Reading
- Five stocks we like better than SPDR Gold MiniShares Trust
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Google Is Betting Big on Nuclear Reactors—Should You?
- The 3 Best Retail Stocks to Shop for in August
- Taiwan Semiconductor Has a New Reason to Rally on Chip Curbs
- What is an Earnings Surprise?
- Why Nearly 20 Analysts Raised Meta Price Targets Post-Earnings
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).
Receive News & Ratings for SPDR Gold MiniShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold MiniShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.
