Excalibur Management Corp Takes $834,000 Position in SPDR Gold MiniShares Trust $GLDM

Excalibur Management Corp purchased a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 12,724 shares of the company’s stock, valued at approximately $834,000.

Other hedge funds have also recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in SPDR Gold MiniShares Trust during the 1st quarter valued at about $395,321,000. Mizuho Bank Ltd. acquired a new stake in shares of SPDR Gold MiniShares Trust during the first quarter worth approximately $68,079,000. Charles Schwab Investment Management Inc. purchased a new position in SPDR Gold MiniShares Trust during the first quarter valued at approximately $65,351,000. 3EDGE Asset Management LP increased its stake in SPDR Gold MiniShares Trust by 43.0% in the 2nd quarter. 3EDGE Asset Management LP now owns 2,211,620 shares of the company’s stock valued at $144,905,000 after buying an additional 664,523 shares during the period. Finally, Private Advisor Group LLC lifted its position in SPDR Gold MiniShares Trust by 185.0% in the 1st quarter. Private Advisor Group LLC now owns 899,411 shares of the company’s stock worth $55,665,000 after buying an additional 583,791 shares in the last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA:GLDM opened at $78.79 on Friday. The firm has a fifty day moving average of $76.57 and a two-hundred day moving average of $69.72. SPDR Gold MiniShares Trust has a 12-month low of $50.67 and a 12-month high of $86.75.

About SPDR Gold MiniShares Trust

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.