Fiduciary Trust Co Grows Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Fiduciary Trust Co raised its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 80.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,366 shares of the company’s stock after buying an additional 3,288 shares during the period. Fiduciary Trust Co’s holdings in SPDR Gold MiniShares Trust were worth $383,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Community Trust NA acquired a new stake in shares of SPDR Gold MiniShares Trust in the fourth quarter valued at about $43,000. Ancora Advisors LLC acquired a new position in SPDR Gold MiniShares Trust during the fourth quarter worth about $79,000. FWL Investment Management LLC acquired a new position in SPDR Gold MiniShares Trust during the fourth quarter worth about $83,000. Stonebridge Financial Group LLC acquired a new position in SPDR Gold MiniShares Trust during the fourth quarter worth about $89,000. Finally, Rosenberg Matthew Hamilton acquired a new position in SPDR Gold MiniShares Trust during the fourth quarter worth about $106,000.

SPDR Gold MiniShares Trust Stock Performance

GLDM opened at $65.93 on Monday. SPDR Gold MiniShares Trust has a twelve month low of $45.35 and a twelve month high of $68.23. The firm’s 50-day moving average price is $62.26 and its 200 day moving average price is $56.89.

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.