Transce3nd LLC raised its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 11.7% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 54,314 shares of the company’s stock after buying an additional 5,672 shares during the quarter. SPDR Gold MiniShares Trust comprises about 1.5% of Transce3nd LLC’s investment portfolio, making the stock its 12th largest holding. Transce3nd LLC’s holdings in SPDR Gold MiniShares Trust were worth $3,370,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. PSI Advisors LLC increased its holdings in SPDR Gold MiniShares Trust by 102.6% in the 1st quarter. PSI Advisors LLC now owns 472 shares of the company’s stock worth $29,000 after buying an additional 239 shares during the period. GAMMA Investing LLC acquired a new position in SPDR Gold MiniShares Trust in the 1st quarter worth approximately $29,000. Studio Investment Management LLC acquired a new position in SPDR Gold MiniShares Trust in the 4th quarter worth approximately $36,000. Silver Oak Securities Incorporated acquired a new position in SPDR Gold MiniShares Trust in the 1st quarter worth approximately $49,000. Finally, Sunbelt Securities Inc. increased its holdings in SPDR Gold MiniShares Trust by 730.6% in the 1st quarter. Sunbelt Securities Inc. now owns 814 shares of the company’s stock worth $50,000 after buying an additional 716 shares during the period.
SPDR Gold MiniShares Trust Stock Performance
SPDR Gold MiniShares Trust stock opened at $66.11 on Friday. SPDR Gold MiniShares Trust has a 12 month low of $46.63 and a 12 month high of $68.26. The stock’s 50 day simple moving average is $65.85 and its two-hundred day simple moving average is $61.30.
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.
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