Virtu Financial LLC Invests $1.68 Million in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Virtu Financial LLC bought a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 32,184 shares of the company’s stock, valued at approximately $1,678,000.

Several other institutional investors and hedge funds have also bought and sold shares of GLDM. Cassaday & Co Wealth Management LLC bought a new position in shares of SPDR Gold MiniShares Trust during the second quarter valued at about $251,429,000. Citigroup Inc. lifted its holdings in 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 worth $98,524,000 after buying an additional 1,889,934 shares during the period. Quadrature Capital Ltd bought a new stake in shares of SPDR Gold MiniShares Trust in the 3rd quarter worth approximately $84,714,000. Benjamin Edwards Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 1,805.0% during the third 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 during the period. Finally, State Street Corp raised its holdings in shares of SPDR Gold MiniShares Trust by 43.2% during the third quarter. State Street Corp now owns 3,226,956 shares of the company’s stock valued at $168,221,000 after acquiring an additional 973,410 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Down 1.4 %

Shares of GLDM stock opened at $53.08 on Friday. The stock has a fifty day moving average of $52.91 and a 200 day moving average of $49.98. SPDR Gold MiniShares Trust has a 52 week low of $39.25 and a 52 week high of $55.29.

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.