US Bancorp DE Acquires 119,447 Shares of SPDR Gold MiniShares Trust $GLDM

by · The Cerbat Gem

US Bancorp DE raised its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report) by 25.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 595,607 shares of the company’s stock after purchasing an additional 119,447 shares during the quarter. US Bancorp DE’s holdings in SPDR Gold MiniShares Trust were worth $39,024,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Johnson Investment Counsel Inc. bought a new stake in shares of SPDR Gold MiniShares Trust during the 1st quarter valued at $240,000. GAMMA Investing LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the 1st quarter valued at $29,000. Kestra Private Wealth Services LLC raised its position in shares of SPDR Gold MiniShares Trust by 4.8% during the 1st quarter. Kestra Private Wealth Services LLC now owns 43,827 shares of the company’s stock valued at $2,712,000 after acquiring an additional 2,018 shares during the last quarter. Sowell Financial Services LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the 1st quarter valued at $306,000. Finally, Wedbush Securities Inc. bought a new stake in shares of SPDR Gold MiniShares Trust during the 1st quarter valued at $209,000.

SPDR Gold MiniShares Trust Trading Down 1.8%

Shares of SPDR Gold MiniShares Trust stock opened at $78.62 on Friday. SPDR Gold MiniShares Trust has a 52 week low of $50.67 and a 52 week high of $80.36. The firm has a fifty day moving average of $70.89 and a two-hundred day moving average of $67.06.

About SPDR Gold MiniShares Trust

(Free Report)

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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