Norden Group LLC cut its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 50.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,868 shares of the company’s stock after selling 14,288 shares during the period. Norden Group LLC’s holdings in SPDR Gold MiniShares Trust were worth $721,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Citigroup Inc. raised its stake in shares of SPDR Gold MiniShares Trust by 5,727,072.7% in the 3rd quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock valued at $98,524,000 after buying an additional 1,889,934 shares in the last quarter. Principal Financial Group Inc. acquired a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at $91,357,000. Quadrature Capital Ltd acquired a new position in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at $84,714,000. Benjamin Edwards Inc. raised its stake in shares of SPDR Gold MiniShares Trust by 1,805.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 1,432,715 shares of the company’s stock valued at $74,686,000 after buying an additional 1,357,506 shares in the last quarter. Finally, State Street Corp raised its stake in shares of SPDR Gold MiniShares Trust by 43.2% in the 3rd quarter. State Street Corp now owns 3,226,956 shares of the company’s stock valued at $168,221,000 after buying an additional 973,410 shares in the last quarter.
SPDR Gold MiniShares Trust Stock Performance
Shares of GLDM stock opened at $57.27 on Tuesday. SPDR Gold MiniShares Trust has a 52-week low of $41.52 and a 52-week high of $58.47. The firm has a fifty day moving average of $54.88 and a 200-day moving average of $53.00.
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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